This is the money quote. “I don’t remember seeing a company going public on the Nasdaq in the last 20 years who arrived at the I.P.O. with only management owni

This is the money quote. “I don’t remember seeing a company going public on the Nasdaq in the last 20 years who arrived at the I.P.O. with only management owning the company,” he said. “It’s almost a rite of passage.” Why would you sell a business that you owned 100% of that was able to be bootstrapped to $100 million in revenue. What possible business that you could invest the proceeds in that would be better than this?