Thread: Party IPO - The Smartest Poker Players in History?
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Old 06-03-2005, 04:14 PM
Matt Flynn Matt Flynn is offline
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Join Date: Oct 2002
Posts: 301
Default Re: Party IPO - The Smartest Poker Players in History?
Anyone understand why a very high cash flow business like PartyPoker would IPO? It seems like a lack of sophistication on their part. Why endure the hassles of regulation when your current cash flow exceeds what you would reasonably make off your ownership assets even if you liquidated on Day 1 and invested well.

Matt
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