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"If the market overall doesn't like the dual-stock structure, it can refuse to provide capital to those companies, and instead provide that capital to companies
by pchristensen 19y ago
"If the market overall doesn't like the dual-stock structure, it can refuse to provide capital to those companies, and instead provide that capital to companies with shorter-term objectives and more outside shareholder control. But I don't predict that will happen, and I would be willing to bet my own company on that."
-First dibs on Ning IPO in a couple year!
- wanorris 19y ago> First dibs on Ning IPO in a couple year! How do they make enough revenue to justify their valuation? In the current climate, you need a rock-solid revenue model to actually go public. If Ning has that, I've managed to completely miss it.
- pchristensen 19y agoJust a joke, poking fun at people overreacting to little statements from big names. But if you were going to bet on a tiny-revnue/big-eyeball startup, it would be wise to bet on the one started by a guy with 2 multi-billion dollar exits :)