4 ms·
Honestly, why would you as a founder of Uber/AirBnB/other big startup want to exit? You are probably already very rich. All your employees are staying put. If y
by msvan 10y ago
Honestly, why would you as a founder of Uber/AirBnB/other big startup want to exit? You are probably already very rich. All your employees are staying put. If you need capital there's plenty to go around. No need to listen to Wall St. telling you what to do with your company. If anything it seems that going public is a necessary nuisance for many of these startups.
- arohner 10y agoThat analysis makes sense, if you leave out the VCs. They would also like a return on their investment, and if they thought going public would be profitable, you can be sure it would have already happened.
- hawkice 10y agoIf you're being paid $900k/year, why would it matter if you could sell your $500MM asset? I mean, I lead a simple life, so _I_ wouldn't care. But some people _do_ want that, and I see the appeal.