These guys should not have gone public. I apologize if I am wrong and they went public because they really had no other option, but my impression at this point

These guys should not have gone public. I apologize if I am wrong and they went public because they really had no other option, but my impression at this point is that they got impatient and wanted to cash out. I say this because I think it's ridiculous how much money the founders took off the table when they IPOd, despite how bad they were doing objectively. Now they're saying they won't sell their shares "for the rest of this year" (which is like 4 months away) as if that's some sort of noble thing to do, but if you already have hundreds of millions of dollars in your bank account that's nothing. I am glad to be wrong, so if anyone knows more about this (that they had no other choice than to go public) please enlighten me.