Vice Ceo Drops Hints About Getting Equipped For A ‘Theoretical Ipo’

Vice CEO: We have a few different plans for new funding 52 Mins Ago | 04:25Shane Smith, co-founder and CEO of Vice Media, told CNBC on Monday a new $450 million cash infusion from private equity powerhouse TPG helps his company take the next step.
“Smith was interviewed on “Squawk on the Street” from the Cannes Lions creativity festival, which brings together the advertising, entertainment, and design communities.
So that a theoretical IPO would look very sexy.
Dodging a direct question about any plans Vice has to become a publicly traded company, Smith said, “It’s what we would do if we were going to go public — is get a third party paying and start building our book, and bringing in revenue on a sort of hockey stick basis.

Read more on: http://www.cnbc.com