Are more companies staying private? It appears that way. One simple measure is the number of annual filings that are registered annually over the last 5 years. See the table below:
| Year | No. Of 10-K’s |
|---|---|
| 2012 | 7100 |
| 2013 | 6933 |
| 2014 | 6852 |
| 2015 | 6754 |
| 2016 | 6382 |
Each year the number has dropped. Why? Easier to finance your business via private equity or venture capital? More discipline? Higher regulation?
The SEC meeting on 2/15 is open to the public and Calcbench is planning on attending. See you there.