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Given the way you laid out those scenarios, would you agree then that the goal then of IPO is finding a greater fool on Main Street and passing the buck while t
by shostack 10y ago
Given the way you laid out those scenarios, would you agree then that the goal then of IPO is finding a greater fool on Main Street and passing the buck while they can?
Is there anything here that indicates that the cash infusion from an IPO would get them on the track to profitability?
- ben_jones 10y agoI have no experience with IPOs but as a Twilio customer they've been pushed a revamp of documentation, client libraries, their user interfaces, as well as several new products in the past ~6 months. My guess is an IPO would enable them to continue that. That or they just did it for a little hockey stick in revenue before the IPO.
- ChuckMcM 10y agoYes, in general the bargain is that in exchange for accepting some additional constraints on behavior and a required level of transparency, you can sell securities to non-qualified investors (aka the Greater Fool in your comment). That said, I'm not sure I would be willing to invest at the IPO but if Twillo can show they are getting traction on their business plan and reach profitability, then I would consider investing in them at that stage.