I often use Restoration Hardware as an example of a company that had no business going public, but was lured into an IPO by eager bankers as the dot-com bubble gave any and every company willing to take the bait a free pass to cash in. At the time, Restoration Hardware – or RSTO, as its symbol was back then – was a hot regional concept in the Bay Area. But like so many other hot regional retail concepts, it simply didn’t travel well, rapidly expanding nationally as a mall-based retailer to meet the street’s aggressive growth expectations.