4 ms·
This raises the question, why didn't AirBNB and Stripe go public when the market was ready? Looks like the strategy of staying private for longer isn't really w
by soniman 6y ago
This raises the question, why didn't AirBNB and Stripe go public when the market was ready? Looks like the strategy of staying private for longer isn't really working out for anybody.
- stingraycharles 6y agoFrom what I saw in the news, it doesn’t appear Stripe has had any problems attracting funding without going public.
- soniman 6y agoAirBNB raised $1B and Stripe $600M. Just a guess but terms would've been MUCH better if they'd done it in the stock market. Really puzzling why they didn't go public when markets were ripe, now YC is paying the price.
- serverQuestion 6y agoI wouldn't be surprised that companies like Stripe arrive at a point where they want fewer investors controlling their company. When you are Stripe big, what does YC do for you that you can't do with your own money printing machine? Aside from cash, there must be other advantages to having investors.