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I'm a founder, and I have zero intention of ever going public for these exact reasons.
by financiergoose 2y ago
I'm a founder, and I have zero intention of ever going public for these exact reasons.
- calvinmorrison 2y agoI think we just call that a small business owner.
- toomuchtodo 2y agoI would not consider Stripe to be a small business, an enterprise not considering going public (but still providing liquidity to those seeking it) [1]. Do you want to be beholden to public shareholders and potential activist investors if your money printer works without need for them? Perhaps it is more optimal to remain in control vs cashing out and have your control potentially diminished. It is okay to leave money on the table (by not going public in an attempt to maximize gains on shares held through potential public market exuberance) depending on what you are optimizing for. [1] https://www.axios.com/2024/02/29/payments-stripe-never-go-public https://www.axios.com/2024/02/29/payments-stripe-never-go-pu...