4 ms·
Well when you have - Founders getting to take cash out earlier - employees with golden handcuffs that could last forever - Questionable to outright illegal b
by iamasoftwaredev 7y ago
Well when you have
- Founders getting to take cash out earlier
- employees with golden handcuffs that could last forever
- Questionable to outright illegal behavior being completely okay in the private market
- Insane levels of founder control
- massive VC firms willing to pump in enough late money to take pressure off earlier VCs
Then why go public? Especially if a lot of companies seemingly can't survive the IPO completely intact. Just look at WeWork