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Entrepreneur Not Convinced About Going Public

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  • Description

    FBN's Rich Edson speaks to Advantage Media Group CEO Adam Witty about going public.

  • Duration 1:13
  • Date

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This transcript is automatically generated

Thanks.

We'll face looks shaky performance has other companies thinking twice before they decide to try their hand of going public -- and the black chamber commerce of small business summit -- really talk about this rich.

-- they are and you know Cheryl it's an experience he -- road to that point where they can.

Become public become a public company whether or not they -- -- go through that we spoke to one small business owner here he's owned -- publishing company for seven years he started it.

He's a young entrepreneur and he says FaceBook for him in that experience shows.

It going public just isn't -- good.

I think that there's a lot of glamour -- comes was going public and every entrepreneur that starts business a lot of them dream of you know striking it rich.

And certainly the public markets are one of the best ways to strike it rich so to speak.

But I think when you look at what's happened with FaceBook at least over the last weekend a lot of things went wrong -- it probably wasn't as rosy.

As everybody thought it would be.

He said the other issues for him with going public is he does not want to cede control any control of his company to investors.

Or to federal regulators back -- -- Thank you very much target share.

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