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Why is this a shame? Do you think IPOing will affect their products & direction?

• Karunamon 11y ago
  Yes. Example: They recently did a massive reshuffle on their Jira product lines. Now instead of Jira + a set of software dev plugins, it's two separate products. Jira Core, and Jira Software, which bundles all the software dev stuff that you used to have to buy separately. If you were a Jira license holder before this change, you basically got bumped to Jira Software (i.e. you got access to the dev stuff) for the same price you were paying before. I would not see this happening with a public company. Going public exposes you to the toxic "growth at all costs" mindset of short-term, quarter to quarter thinking investors, which pressures the company to screw their customers to make the balance sheet look a bit better. This isn't going to happen immediately, but they're on a clock now. It will happen sooner or later, mark my words.
• s73v3r 11y ago
  Yes. Going public has never done anything good for any company. Once going public, it's all about quarterly reports and pleasing a few hedge funds.
  • codezero 11y ago
    This seems overly broad. Red Hat has done a lot of very good things since going public and I'm sure if you sat down and looked at a lot of public companies shoes software you use it's likely they have done good things.
    • codezero 11y ago
      shoes -> whose :)