The thing that is problematic, as Peter Cohan has pointed out, is that the term "monetization" weighs heavier (and, for us, far, far less sexy) on the company's prospects than anything. The fact is: the firm isn't forecasted to make a profit for years so it can pay off its partners, for instance, chief despot and CEO Steve Schwarzman. Not just that, but individual investors will be subject to a variety of strange tax impacts, including the rather less-than-detailed reporting the company plans to issue and the possibility that legislation might create adverse tax consequences for the little guy.
It's funny, too, that Schwarzman called the public markets overrated, and mentioned that rival Kohlberg Kravis Roberts had "destroyed the market" for anyone else.











Reader Comments (Page 1 of 1)
6-21-2007 @ 6:43PM
sashamore said...
i'm going for it......everyone said i was crazy when
i bought 100 shares of google at the ipo....(sold half at 480ish a couple of years ago...and the other half (which i still have) is well over 500 again....
if feelings mean anything, i feel inspired again , and hope to buy 500 shares at the opening tomorrow..
hope alot of you agree...
sashamore