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There's no strong consensus, but there's weak consensus that post-GFC regulation is a factor behind but is not causal in any way, for the decrease in IPOs. Here
by Karrot_Kream 13d ago
There's no strong consensus, but there's weak consensus that post-GFC regulation is a factor behind but is not causal in any way, for the decrease in IPOs. Here's a paper [1] (well it's the paper author discussing his paywalled paper lol) exploring SOX regulations and their effects on IPOs. There's other papers and I think a good survey will help you on this topic. I don't think there's consensus on regulations being the causal factor, but it is one of many.
I thought GP was modest in calling it out as simply a contributing factor. Regulation is complicated and reaching for it should be something done with care.
(Also FWIW, I think you're being a bit cheap by appealing to culture war talking points.)
[1]: https://corpgov.law.harvard.edu/2009/09/21/the-effect-of-sox-section-404/ https://corpgov.law.harvard.edu/2009/09/21/the-effect-of-sox...
- unknownfuture 13d agoI think you're being oversensitive or just looking for a fight if you detect even a hint of "culture war talking points" in my comment.
- Karrot_Kream 13d agoIt's hard for me to read '"Regulations bad" is a pretty common platitude around here but you've stated your main thesis, here, without a hint of support to back it.' as anything more than that.
- unknownfuture 13d agoIt's an observation about prevailing libertarian values in the HN community that tend to attract upvotes while going unchallenged. If you consider that part of a "culture war", then it seems that term has lost all meaning. Might as well just accuse me of being "woke" and get it over with.
- Karrot_Kream 13d agoI think this forum has a lot of values and don't think it's been libertarian in outlook in a long time based on what gets upvoted here so appealing to that is a bit silly but anyway I don't think this is a fruitful conversation so have a good day.
- danaris 13d agoI think we're running into (or at least pretty close to) a Two Guys Fallacy here: There's still a strong libertarian streak in HN posters, in a variety of ways. However, there are also (mostly) different posters who have more vocally shifted the site's Overton window to the left. These days, I find it fairly common to, for instance, make a comment that points out the very obvious problems the Republican Party has created in recent years, get downvoted to -3, and then upvoted to +5 (or vice versa), all within a few hours. This would suggest that there are contingents of posters (or at least voters!) in both camps.
- Karrot_Kream 12d agoI generally operate with the understanding that HN today has lots of groups, with an overall "left" lean (as much as anyone can flatten politics into a single axis.) Libertarians, leftists, liberals, nationalists, everyone is here. Appealing to one "enemy" group strikes me as a cheap blow; it's sure to increase engagement for your post with little added discourse value. IMHO at least.