Frank Quattrone Quotes

It is much more convenient not to be a public company. As a private company you don't have to give information to the public. Secrecy is an important factor of success in the commodity business.

With a private company, you've got to get into who's investing and what's the balance sheet like. So going public is a positive thing from the perspective of the sales organization.

Respect public investors and treat them as partners and important constituents.

Clearly as you move to being a public company, probably even more than growth, there is a huge value based on predictability.

I don't like conflicts of interest; they should be eliminated or disclosed. I believe in transparency: that people have to really not just know but understand what they're buying and selling.

I hope we’re on the road to more truth-telling to investors.

I would rather be responsible and accountable and help to reward the public shareholders going ahead.

I believe good corporate governance is critical in enhancing competitiveness and creating industry - leading profitable growth and superior returns for every stakeholder of the institution.

Whether you stay private or go public, after all is said and done, a CEO's job is to create lasting shareholder value.

I'm saying that when a publicly traded company says something doesn't make a difference in terms of their investments, I trust that they are representing those facts accurately.

I think entrepreneurs should demand transparency for startup accelerators.

I have always felt that public, commercial and community organisations should be as open as possible about their affairs. They need to be accountable to their owners, their customers, their members and communities and other interest groups.

No, I was pleased that it is possible for somebody who makes full disclosure as I've done, not only of the contributors, but also how the money is spent.

People know what I'm doing.

We don't need secrecy.

If my company spends money, it should be disclosed to the shareholders and how it was spent. With my personal money, I can do anything I want. But company money should be disclosed.

I met with several public company CEOs to learn about their experiences of going public and listened to as many earnings calls as I possibly could.

There's not a whole lot of advantage for a company to be public.

The good parts about being a public company are increased discipline, increased execution and increased transparency to make sure that you are really building a company for a hundred years.

If you're going to run a public company, be absolutely certain of what the parameters are, what the clarity is, that you can explain it to yourselves and explain it externally.

The time is coming when all businesses will have to be done with glass pockets.

Government will have to learn what private businesses are beginning to realize that in this increasingly transparent world, the successful organizations will be those that are able to operate with very few secrets…. The cost of maintaining secrecy is getting higher and higher even when it can be done at all.

If the press knows about a problem, big or small, that problem is far more likely to receive the personal attention of senior policy makers, then if it remains a well-kept secret.

Make sure that everyone who should know what you are doing knows what you are doing.

You cannot have fairness unless you have transparency…We don’t know that is going on inside those boxes … we could have a meltdown [in the entire economy].