Funny, "private IPO" is exactly what I said to someone I was discussing these types of rounds with. Going public has very tangible costs, but also massive inta

Funny, "private IPO" is exactly what I said to someone I was discussing these types of rounds with. Going public has very tangible costs, but also massive intangible costs. Private markets are extremely frothy and keep ownership and control within an aligned group of investors. This can make all the difference in the world to management.