7 ms·

> avoid being acquired Don't think that's possible after raising such amounts of money. Their way out is now either getting aquired for loads of cash or going

by akuji1993 6y ago

> avoid being acquired Don't think that's possible after raising such amounts of money. Their way out is now either getting aquired for loads of cash or going public. Going public also means loosing parts or all of your control over the company. Those investors will want to see their money back some time in the future.

swyx 6y ago
> Going public also means loosing parts or all of your control over the company. not a very intellectually honest statement to make considering founder supervoting shares are extremely common in tech.
- andrewingram 6y ago
  extremely common, common, or merely not that unusual? I don’t actually know, but I was struck by the hyperbole in a comment essentially complaining about hyperbole.
- abcdefg911 6y ago
  fdadfadsfdsf
- tomp 6y ago
  How long will that persist? Any such company has no chance of being included in e.g. S&P 500 so there's clearly strong pressure in the opposite direction...
  - caust1c 6y ago
    Who cares about being in the S&P 500? It's a dumb status symbol and nothing else.
    - JumpCrisscross 6y ago
      > It's a dumb status symbol and nothing else If trillions of tracking dollars with a measurable boost on valuation and trading [1] and thus a measurable reduction in the cost of capital [2] is “nothing else,” then yes. [1] https://www.sciencedirect.com/science/article/pii/S1386418102000460 https://www.sciencedirect.com/science/article/pii/S138641810... [2] https://opus.lib.uts.edu.au/handle/10453/130246 https://opus.lib.uts.edu.au/handle/10453/130246
      - deleted 6y ago
        [deleted]
jgalt212 6y ago
> Going public also means loosing parts or all of your control over the company only if all shares have equal voting rights.
- akuji1993 6y ago
  Which is the case for the vast majority of IPOs
aloukissas 6y ago
MSFT/GitHub would be an epic acquisitor for Vercel.
- akuji1993 6y ago
  100% agree on that.
ymolodtsov 6y ago
Heroku was acquired. I'm not sure there were any major issues.

swyx 6y ago

> Going public also means loosing parts or all of your control over the company. not a very intellectually honest statement to make considering founder supervoting shares are extremely common in tech.

andrewingram 6y ago
extremely common, common, or merely not that unusual? I don’t actually know, but I was struck by the hyperbole in a comment essentially complaining about hyperbole.
abcdefg911 6y ago
fdadfadsfdsf
tomp 6y ago
How long will that persist? Any such company has no chance of being included in e.g. S&P 500 so there's clearly strong pressure in the opposite direction...
- caust1c 6y ago
  Who cares about being in the S&P 500? It's a dumb status symbol and nothing else.
  - JumpCrisscross 6y ago
    > It's a dumb status symbol and nothing else If trillions of tracking dollars with a measurable boost on valuation and trading [1] and thus a measurable reduction in the cost of capital [2] is “nothing else,” then yes. [1] https://www.sciencedirect.com/science/article/pii/S1386418102000460 https://www.sciencedirect.com/science/article/pii/S138641810... [2] https://opus.lib.uts.edu.au/handle/10453/130246 https://opus.lib.uts.edu.au/handle/10453/130246
    - deleted 6y ago
      [deleted]

jgalt212 6y ago

> Going public also means loosing parts or all of your control over the company only if all shares have equal voting rights.

akuji1993 6y ago
Which is the case for the vast majority of IPOs

aloukissas 6y ago

MSFT/GitHub would be an epic acquisitor for Vercel.

akuji1993 6y ago
100% agree on that.

ymolodtsov 6y ago

Heroku was acquired. I'm not sure there were any major issues.