Burton Snowboards: Jake Carpenter (2017)
How I Built This with Guy Raz
00:00
Do You Have a Plan to Go Public?
"We've never needed long term debt, but we've always had this need for working capital. And so we would work with these vermont banks, and we'd get up to a certain level, this happing, like three times," he says. "And then we get to acertain level things that you notice, this maybe a fad, we're going to bail." The company went public in 2007 at a very low price; it's now worth more than $1 billion.
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