4 ms·
Who cares? They're in one of the most profitable niche in the planet. They don't need IPO.
by user5994461 9y ago
Who cares? They're in one of the most profitable niche in the planet. They don't need IPO.
- matte_black 9y ago> Who cares? People who want to cash out.
- vthallam 9y agoAirbnb employers and Investors. Most funds have a 6 - 8 year timeline where they plan to cash out to certain extent, so there will be pressure from employees and investors alike.
- matte_black 9y agoYes, it looks like they are gradually working toward a narrative that allows them to keep pushing back the IPO as they continue along their "incredible journey".
- ajmurmann 9y agoTo make it worse, the fund gets dissolved after a while. So now instead of one VC firm you have to deal with dozens of investors.