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And one that grows sufficiently large will have to go public, whether they want to or not.

I'm curious, what is your reasoning here? Because it will be acquired by a public company (e.g. Microsoft or Google)? Or just because investors will want a means to exit?



There's an SEC rule that effectively forces you to go public once you have 500 shareholders.

http://news.cnet.com/SEC-rule-may-nudge-Google-toward-IPO/21...


You can get an exemption for that though...

http://www.businessweek.com/technology/content/nov2008/tc200...




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