
Many people looking to go public think that they will automatically be able to raise money because they read all over the internet and elsewhere that going public allows their company to access the U.S. capital markets. This is only half of the truth. Having access to capital markets does not mean that your company will actually be able to raise capital after going public.
You see it all over. "Take your company public. Go public because it will allow you to access the capital markets." What you don't hear is the rest of the story: Your company must have the fundamentals necessary not just to access but to actually raise the capital you want after you go public....