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And if it is less forgiving then we can probably say good bye to the IPO because it’d Be better to stay private. We’ve regulated away opportunity and so should
by rdlecler1 8y ago
And if it is less forgiving then we can probably say good bye to the IPO because it’d Be better to stay private. We’ve regulated away opportunity and so should we be surprised to see inflation in what’s left? Where else are you going to find growth if not in tech?
- rchaud 8y agoHow many VC-backed startups were profitable before going public? Not many I can think of. Not any, really. That's why they push for growth instead of revenue or perish forbid, profits. It's easier then for the underwriter to create the pitch for potential investors. "Cash flow is negative but just look at those growth rates! Amazon made losses for 15 straight years,too yknow" For VCs, the IPO is the end, not the means to an end.