"The Reverse IPO of Tesla more about sticking it to short sellers" - Rett Wallace
"A company like Sonos going public with a billion dollars in revenue would have been unusual not too long ago," said Triton's Rett Wallace on Bloomberg TV today. "Now the most successful companies only go public to get liquidity for their investors."
In that context, he says, it is interesting to look at Elon Musk's recent expression of his desires to take Tesla private again.
Excerpt of the interview on Bloomberg TV - HERE