More entrepreneurs are now choosing to sell private stock offerings. And in saying no to IPOs, they're reaping the benefits.
Opinions expressed by Entrepreneur contributors are their own.
When Jeff Behrens thought about expanding his Newton,Massachusetts-based computer systems management firm, he knewhe'd need a cash infusion. "We're doing about one anda half million in annual sales, but cash was always tight,"says Behrens, president of The Tulluride Group Inc., who discoveredthat private sale of stock could be a low-cost source for growthcapital and expertise.
Public vs. Private
Continue reading this article — and all of our other premium content with Entrepreneur+
For just $5, you can get unlimited access to all Entrepreneur’s premium content. You’ll find:
- Digestible insight on how to be a better entrepreneur and leader
- Lessons for starting and growing a business from our expert network of CEOs and founders
- Meaningful content to help you make sharper decisions
- Business and life hacks to help you stay ahead of the curve