Leading PC maker Dell was taken private in 2013, and a year on, founder and CEO Michael Dell talks about the advantages of operating a private company. After 25 years as a publicly traded company, Michael Dell told The Seattle Times that he is able to invest in the Dell for the long-term rather than feel pressured to meet analyst numbers every quarterly earnings report. Since it was taken private, Dell has been taking market share with a 19% increase in PC unit shipments.
In addition to not having to meet the “90 day shot clock, ” being private has a competitive advantage, because its lack of quarterly reports to analysts means that management can keep more of its plans up its sleeve and avoid giving too much information to the competition. In addition, it has the flexibility to change pace or direction if it needs to without having to answer to Wall Street.
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