Comments on: Repeal Sarbanes-Oxley http://radoff.com/blog/2008/11/10/repeal-sarbanes-oxley/ Swashbuckler, adventurer, slayer of dragons, commando, storyteller, Internet entrepreneur; explorer of rabbit holes Sun, 05 Feb 2012 17:54:54 -0500 http://wordpress.org/?v=2.9.2 hourly 1 By: Gavin http://radoff.com/blog/2008/11/10/repeal-sarbanes-oxley/comment-page-1/#comment-1134 Gavin Tue, 11 Nov 2008 02:47:53 +0000 http://radoff.com/blog/?p=46#comment-1134 My only run-in with Oxley-Sarbanes (or one form of it) was as an hourly wager @ Hasbro Inc. where many employees were laid off every 6 months instead of being hired full time. (and then replaced with more hourly wagers, repeating every 6 months) Didn't seem to do Hasbro, it's employees, or the consumer any good My only run-in with Oxley-Sarbanes (or one form of it) was as an hourly wager @ Hasbro Inc. where many employees were laid off every 6 months instead of being hired full time. (and then replaced with more hourly wagers, repeating every 6 months)

Didn’t seem to do Hasbro, it’s employees, or the consumer any good

]]> By: Jon http://radoff.com/blog/2008/11/10/repeal-sarbanes-oxley/comment-page-1/#comment-1133 Jon Mon, 10 Nov 2008 23:48:25 +0000 http://radoff.com/blog/?p=46#comment-1133 @Sachin -- I agree that it won't create an immediate influx. I'd imagine it could take a year for it to catch up. Nevertheless, I think it's worth accelerating the process. @Sachin — I agree that it won’t create an immediate influx. I’d imagine it could take a year for it to catch up. Nevertheless, I think it’s worth accelerating the process.

]]> By: Sachin Agarwal http://radoff.com/blog/2008/11/10/repeal-sarbanes-oxley/comment-page-1/#comment-1132 Sachin Agarwal Mon, 10 Nov 2008 23:26:39 +0000 http://radoff.com/blog/?p=46#comment-1132 I'll make you a bet: if SOX is revised, we don't see an immediate influx of new registrations. Is there a SOX tax? Sure. Is it what is stopping exits? No way. It's a lack of companies who are properly monetizing their userbases. SOX isn't what is keeping Facebook, a company worth ~$5-8B with $300-400 million in revenue, from going the IPO route. It's not keeping Etsy private. The public markets have decided that they're just not willing to purchase the shares of these sorts of companies any more. And the AIM has shown itself to have been a short-lived haven for companies that didn't deserve to be public. I’ll make you a bet: if SOX is revised, we don’t see an immediate influx of new registrations.

Is there a SOX tax? Sure. Is it what is stopping exits? No way. It’s a lack of companies who are properly monetizing their userbases. SOX isn’t what is keeping Facebook, a company worth ~$5-8B with $300-400 million in revenue, from going the IPO route. It’s not keeping Etsy private.

The public markets have decided that they’re just not willing to purchase the shares of these sorts of companies any more. And the AIM has shown itself to have been a short-lived haven for companies that didn’t deserve to be public.

]]>