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It'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-
by foobiekr 3y ago
It'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?