Edmunds.com CEO: Why staying private can yield long-term gains

04/8/2014 | Inc. online (free registration)

Going public is often seen as a mark of success, but it's not necessarily the right step for every company, writes Avi Steinlauf, CEO of Edmunds.com. Once a business goes public, it's saddled with the expectations of investors who may not share the founder's long-term vision. Staying private allowed Edmunds to avoid layoffs during the Great Recession and stick to its strategy, he writes.

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