More Small Companies Avoid I.P.O.s, Sapping U.S. Economy’s Vitality

Source: https://www.nytimes.com/2018/11/27/business/company-ipo-buyout-private.html?partner=rss&emc=rss
November 29, 2018 at 03:13AM

Small and midsize firms are increasingly steering clear of going public, giving big companies outsize influence over stock markets and hampering business creation, wage growth and productivity.