4 ms·
It's a confluence of all of those factors: - Dropbox demonstrated a reasonably strong market for IPOs, so it's definitely safer for other companies to get in b
by TAForObvReasons 9y ago
It's a confluence of all of those factors:
- Dropbox demonstrated a reasonably strong market for IPOs, so it's definitely safer for other companies to get in before the first flop.
- There's probably a lot of pressure to go public, seeing as how many of these companies have private for more than a decade [1]
- There's also reason to believe we may see pressure in the equity markets in the near future, especially as the Fed adjusts interest rates.
[1] https://www.crunchbase.com/organization/bit9/funding_rounds/funding_rounds_list#section-funding-rounds https://www.crunchbase.com/organization/bit9/funding_rounds/... Series A was in 2005
- toomuchtodo 9y agoIt seems like a terrible time to put your org's shares into the public market, so late in the business cycle with the eventual downturn looming. EDIT: Agree that if you must go public, go before the music stops. I'm wrong here.
- positr0n 9y agoSurely now is preferable to during the downturn when you'll get half the value for the same percentage of your company? (Assuming of course that you and I are correct that a downturn is looming).
- deleted 9y ago[deleted]
- sqldba 9y agoYou’ll get half the value and it remains stable - versus you get twice the value and then it suddenly nosedives and everyone questions your performance as CEO because “you must have made it happen”. Is that possible?
- icedchai 9y agoNow's the perfect time. We're near the peak, so valuations are very inflated.