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> Mr. Maris said that he would like more companies to take the IPO leap. “They would benefit from the rigor and discipline that the public market requires.” Ri
by foolfoolz 11y ago
> Mr. Maris said that he would like more companies to take the IPO leap. “They would benefit from the rigor and discipline that the public market requires.”
Right... Sounds like VC wants an exit, without caring what it does to the company. Typical.
- ariwilson 11y agoDo you think the unicorns are all worth $1B? What alternative do you propose to restore valuations to normal levels?
- eitally 11y agoHe means nothing of the sort. This comment is entirely about the fact that easy VC money and a virtuous (or vicious?) old boy network of founders & funders has made it way too easy to create companies that shouldn't exist but never fail because they've never had to be run like a "real" business. He's merely noting this in the context of the public markets forcing professional business discipline, which imho is a perfectly reasonable thing for an investor to expect.
- deleted 11y ago[deleted]