It's the dream of some small-business owners to create such a fast-growing firm that someday it will go public. But that's where the Sarbanes-Oxley law comes in.
While the legislation was meant to clean up accounting abuses at public companies, there's evidence that it is affecting private companies. Only 10 companies backed by venture capital raised $540.8 million through initial public offerings in the first quarter of 2006, according to the National Venture Capital Association. That total of funds raised is down 25 percent from the first quarter of 2005.
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