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Two primary reasons companies go public 1) cash out and 2) raise capital. I don't think Air BNB or Uber need money currently and I suspect they don't want the
by redm 9y ago
Two primary reasons companies go public 1) cash out and 2) raise capital. I don't think Air BNB or Uber need money currently and I suspect they don't want the additional scrutiny/headaches an IPO brings to their businesses yet.
- dsimms 9y agoMaybe they don't want the scrutiny, sure, but do seem to need funds. Airbnb last raised money through equity in March: https://www.crunchbase.com/organization/airbnb/funding-rounds https://www.crunchbase.com/organization/airbnb/funding-round... Uber last raised money through equity last June https://www.crunchbase.com/organization/uber/funding-rounds https://www.crunchbase.com/organization/uber/funding-rounds (but has taken on other financing since then).