When you take investment money, it comes with the expectation that there will be a liquidity event. (going public, selling to another corporation) Being private

When you take investment money, it comes with the expectation that there will be a liquidity event. (going public, selling to another corporation) Being private is not a bad thing at all, in fact I would expect most entrepreneurs would prefer that their companies remain private. However you've accepted a faustian bargain once you take money from someone else. Going public is seen as the most desirable liquidity event, since the company still controls its own agency and you maximize choice if/when you want to sell your stake in ownership.