Gurley points out that public mergers have no escrow while private ones typically hold 10 to 15 percent in escrow.
“And one last thing most entrepreneurs probably don't know, when you do a public merger, there's no escrow. And most private ones have 10 to 15% escrow,”
Gurley notes public mergers avoid the 10-15% escrow typical in private deals, adding financial advantage.
“And most private ones have 10 to 15% escrow, so that's even another part of the price that doesn't you know, that's advantageous to the public.”