Matt Levine, Columnist

Class Actions and Tax Cuts

Also insider tainting, share counts, token exchanges, angels, and some more fake accounts at Wells Fargo.

September 29, 2017 at 1:32 PM UTC

Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions lawyer at Wachtell, Lipton, Rosen & Katz; a clerk for the U.S. Court of Appeals for the 3rd Circuit; and an editor of Dealbreaker.

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Uber class action.

One reason that big technology companies seem to be staying private longer is that they are afraid of being sued if they go public. If you stay private, your shareholders are basically your employees and venture capital investors, and there are strong norms against VCs suing their portfolio companies.