3 ms·
Are you implying that it's impossible for a company to be both profitable and have a good internal culture? That's a scary thought.
by LambdaComplex 3y ago
Are you implying that it's impossible for a company to be both profitable and have a good internal culture?
That's a scary thought.
- scarface_74 3y agoNo I’m saying most tech companies went public without being profitable and that had more to do with the declining stock price.
- foobiekr 3y agoIt's not weird at all to go public before profitability, that was even the standard in tech for the longest time. The IPO was a _fundraising_ event, not a dump-the-company-on-the-public-and-move-on event.
- scarface_74 3y agoAll of the current BigTech companies except Amazon were profitable before going public - Apple, Microsoft, Google, Facebook. The vast majority of tech companies that IPOd since Facebook have been a disaster of an investment.
- foobiekr 3y agoTime didn't start in 2004.
- scarface_74 3y agoDo you really want to use the tech IPO market pre 1999?