A new post by The Wall Street Journal looks at what many hope to be a renaissance in small IPOs as a result of Reg A+. Reg A+ is just on provision of the Jumpstart Our Business Startups Act passed by Congress in 2012 to encourage small-business growth.
The post discusses how "In the late 1990s and early 2000s, an ecosystem of bankers, lawyers and investors helped small companies go...
The number of publicly traded U.S. companies peaked in 1996 at 7,322. Today there are just over 3,700, according to data from Wilshire Associates (data does not incldue the nearly 10,000 securities traded on the OTC Markets).
The U.S. population has risen nearly 50% since 1975, and real GDP has tripled. But the number of public companies has declined 21%.