There's way more than you think, b they just don't need to spend time on the PR front building a public persona. They also get the opportunity to take outside

There's way more than you think, b they just don't need to spend time on the PR front building a public persona. They also get the opportunity to take outside money from a position of far greater power for things like paying out strategic early employees vs.v keeping the lights on. I've been involved with 2 companies that took private equity instead of IPOs because of the operational changes that a public listing entails. It takes longer to grow to this point, but the deals were substantially easier and quicker.