Startup Terms Glossary
What is Going Private?
Going private is the conversion process that switches a company that is publicly traded into a private entity. This happens through a series of financial and legal transactions. Afterwards, the company is removed from stock exchange listings and cannot be purchased. After going private, shareholders no longer have any control over operations.
Going Private Examples
Examples of reasons for a startup or company going private:
- Example 1. Eliminates costs of being a publicly traded company
- Example 2. Reduces liability for some staff (i.e., directors)
- Example 3. Management can focus on long term goals
- Example 4. Allows for flexibility with regulations and rules
Here’s a web page about going private.
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July 24, 2023
Jeffrey Z.
After a career in aviation, I went to Albany Law School graduating in 2003. I opened my own practice in 2005 following a 2-year term with a large, Albany-based law firm. I focus my practice on helping individuals and small business with various matters including defense representation, family law/matrimonial matters, estate planning, probate and estate administration, bankruptcy, business formation and general litigation.
July 24, 2023
Fred V.
Litigation attorney with a broad range of experience (19 years) in civil and commercial litigation.
July 24, 2023
Andrew T.
I am a lawyer with over 10 years of experience drafting and negotiating complex capital agreements, service agreements, SaaS agreements, waivers and warranties.
July 24, 2023
John A.
John Arthur-Mensah is a highly skilled attorney with extensive expertise in drafting contracts, information law, international law, insurance defense, and complex civil litigation. Throughout his career, he has demonstrated a keen eye for detail and a strong ability to craft well-structured, comprehensive legal agreements. John's track record includes successfully managing the entire contract drafting process, from initial negotiation to final execution. His proficiency in legal research and documentation enables him to ensure that contracts comply with applicable laws and regulations. With a strategic approach and persuasive communication skills, John excels in negotiating contract terms and providing valuable counsel on contractual matters. Admitted to the Maryland Bar and the United States District Court in Maryland, he is well-equipped to handle a diverse range of legal challenges, making him a valuable asset in contract drafting and beyond.
July 25, 2023
Albert I.
Construction lawyer practicing in Southern California since 1988. Have extensive experience in construction contracts and forms drafting, negotiating. I also serve as counsel for large material suppliers and have extensive experience in commercial transactions, drafting and negotiation of commercial documents including dealerships, NDAs, etc.
July 28, 2023
Brad B.
Business attorney with over 15 years of experience serving companies big and small with contracting including business, real estate and employment.
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