2min chapter

The Compound and Friends cover image

The Quantum Realm

The Compound and Friends

CHAPTER

The Decline of Public Equities in the US

There used to be 800 reverse mergers done a year in the US. They're kind of shells. You merge a private business into it. Back until 2010, there was 7,800 of these done a year where usually a company would raise one to 3 million and then go public. What happened was some Chinese frauds that came public that way in 2010. Many of them. And it kind of just put, you know, the clamp when that means of going public.

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