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At the stage of still being unprofitable. Just like Twitter and Amazon, which are also both public companies. Filing for an IPO does not mean you're slowing gr
by roymurdock 11y ago
At the stage of still being unprofitable. Just like Twitter and Amazon, which are also both public companies.
Filing for an IPO does not mean you're slowing growth...it's just an alternate form of fundraising that allows a different mix of investors to join in on the fun.
- mikeryan 11y agoTwitter is pretty much a counter example. They have a terrible time being profitable despite their size and their stock is getting hammered for it. Amazon is a different beast because they live at the razor's edge of profitability and have for years. Square is not close not to mention they're competing with entrenched competitors.