Barry Diller Quotes

I wish we could be private with Tesla. It actually makes us less efficient to be a public company.

The securities laws of the 1930s were so important because it forced companies to file registration statements and issue prospectuses, and it remedied the imbalance of information.

It's a special thing to be a public company.

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

It is no limitation upon property rights or freedom of contract to require that when men receive from Government the privilege of doing business under corporate form, which frees them from individual responsibility, and enables them to call into their enterprises the capital of the public, they shall do so upon absolutely truthful representations as to the value of the property in which the capital is to be invested.

What happens to a private company that comes out with a quarterly report and an annual report? It gives transparency. It talks of basic issues of governance and transactions with related parties.

Opacity on extreme levels is not addressed anywhere, including Dodd-Frank.

Well, we want to make sure there's not securities fraud.

If you look at the history of the American capital market, there's probably no innovation more important than the idea of generally accepted accountancy principles.

I hated being a public company CEO.

The IPO is no exit for the entrepreneur; it's the start of purgatory.

The SEC has actually progressively loosened up the rules and recognized the value of social media, but the goal is always going to be to get information out as broadly as possible as quickly as possible.

Lots of businesses built in the early 1990s were not very transparent, not only by Russians, but also by foreigners.

It should strengthen investors' confidence. This is done through transparency, high quality financial reports, and a standardized economic market. This is not just for China, but also for the world market as a whole.

You have more independent eyes scrutinizing the decision-making and financial statements of companies.

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

There are no absolutes in this world, and there will always be mistakes that are made within brokerage firms; there will always be people who set out to deceive the regulators and even deceive their own senior management.

Being a public company is really terrible for most companies. I'd say Facebook and Google have done a pretty good job of standing up to the incredible quarterly pressure to hit numbers, but most companies - and I've observed a lot now - don't do a very good job of that.

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

The financial crisis is a stark reminder that transparency and disclosure are essential in today's marketplace.

Regarding our links with the Russian government, Severstal is a private company with no government participation. We are answerable to our shareholders.

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.

I have never seen Jeff Bezos, Marc Benioff, or Reed Hastings complain about being public. Nor have they ever argued that being public prevented them from doing things with a long-term focus.

I don't think I'd enjoy running a public company. We haven't needed to go to the market to fund expansion.