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It's 'really hard' to be a public company right now, a senior fund manager says

  • It's 'really hard' to be a public company right now, according to Peter Singlehurst, a senior Baillie Gifford fund manager.
  • Public companies face reporting requirements and shareholders with different interests.
  • Staying private for longer allows companies to build a better business, Singlehurst suggests.
  • Baillie Gifford's investments in private companies include stakes in ByteDance, Epic Games, FlixBus, Stripe, and SpaceX.

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