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How Airbnb's CEO succumbed to an IPO he resisted
- draw_down 6y agoHe succumbed to it, eh. A tragedy. Sorry, but it's kind of horrible how comfortable founders are with sitting on their employees' equity for decades+ now, compounded by them granting options with 90-day expiry. Founders can get liquidity any number of ways, it isn't a problem for them.
- Beggers1960 6y ago“Chesky is one founder where it wasn’t his dream to go public but it’s part of the process of satisfying all your stakeholders and rewarding them,” said SV Angel founder Ron Conway- I imagine this'll be a common theme at a range of successful startups. Once those wheels starting turning it's hard to hit the brakes.