TOKYO (By Yoshiyasu Shida and Thomas Wilson, Reuters) – In delaying its IPO by two years, Japanese messaging app company Line bought time to correct weak financial reporting controls, work on its business plan, bolster staffing — and left billions of dollars on the table as its valuation shriveled. Line’s initial public offering in the […]
Line, the biggest tech IPO of 2016, struggles to show its growth plan can work
Venture Beat - 26 Jun 2016 03:45
TOKYO (By Yoshiyasu Shida and Thomas Wilson, Reuters) – In delaying its IPO by two years, Japanese messaging app company Line bought time to correct weak financial reporting controls, work on its business plan, bolster staffing — and left billions of dollars on the table as its valuation shriveled. Line’s initial public offering in the […]
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