4 ms·

Can we stay away from quarterly earning reports and wall street style newspaper reportings? This industry is supposed to be a little different. Let's not go alo

• adventured 11y ago
  Sure. You just need to stop going public after diluting ownership down so far you have no control over your own company via endless rounds of VC to pay for not having a business model (causing you to bleed red ink and ultimately be overly dependent on outside money), and stop giving all the power to institutional investors accordingly. Then you can get away from the pressure of quarterly results. Otherwise, no, there's no scenario under which you can get away from that influence while owning 3%-5% of your own company and being public. Twitter made a mistake by not having its ownership structure set up like Facebook and Google.
  • petethomas 11y ago
    Here's an archive.org link to Dan Bigman's May 2012 Forbes post on those ownership structures (published a few months after Facebook's IPO): http://web.archive.org/web/20120527223753/http://www.forbes.com/sites/danbigman/2012/05/23/facebook-ownership-structure-should-scare-investors-more-than-botched-ipo/ http://web.archive.org/web/20120527223753/http://www.forbes....
  • nikdaheratik 11y ago
    You are assuming they had a real choice. FB and Google's structure is uncommon because most owners/founders don't have the clout to be able to get investors to read that deal and still want to sign up. And 5% of a large public corporation is a huge share.
• monkmartinez 11y ago
  What is the alternative? I am genuinely curious what could be a better barometer of business; Should I take @jack's word or ask, politely, to see the numbers?