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I'd like to see Stripe go public instead of raising additional VC capital. They could really spark a series of tech IPOs strengthening tech stocks. I don't have

I'd like to see Stripe go public instead of raising additional VC capital. They could really spark a series of tech IPOs strengthening tech stocks. I don't have any insider knowledge (besides my research when working on my failed startup Charge Control[1]), but I would be shocked if Stripe is not profitable. [1] https://justink.svbtle.com/stripe-put-my-startup-out-of-business-before-i-launched https://justink.svbtle.com/stripe-put-my-startup-out-of-busi...

eric-hu 10y ago
I don't have any insider knowledge either, but I have this impression that you lose operational efficiency when you go public. For all the heat that VCs get for pressuring their portfolio companies to grow 10x, it seems like answering to the public market is even more wasteful. This is just an impression though, I don't have anything to back it up.
- ryanSrich 10y ago
  So what's the end game though? Investors want their return at some point.
  - eric-hu 10y ago
    The end game is that you have a product market fit figured out and then you go public. Pretty much the opposite of what Twitter did.