> I think to balance the playing field with VC and private investment, companies shouldn’t be able to IPO with loses. If the investing community really thought

> I think to balance the playing field with VC and private investment, companies shouldn’t be able to IPO with loses. If the investing community really thought this was a bad idea then these companies wouldn't IPO. Especially after the lessons learned from 2000. Look, I get that people want to shit on unprofitable tech businesses, but in case you haven't noticed, investors absolutely love the financials on these companies. Why? Because their cashflows generate insanely strong tailwind effects. I strongly urge anyone who likes shitting on to read what Bezos says on his earnings calls about earnings vs cash flow, or read Tren Griffin's blog.[0] Good example...look at FB's FCF - https://www.marketwatch.com/investing/stock/fb/financials/cash-flow https://www.marketwatch.com/investing/stock/fb/financials/ca... [0] - https://25iq.com/2014/04/26/a-dozen-things-i-have-learned-from-jeff-bezos/ https://25iq.com/2014/04/26/a-dozen-things-i-have-learned-fr...