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It's very common for tech companies to go public without being profitable. As long as their growth is good and they have a reasonable story for how they will ac
by vecter 1y ago
It's very common for tech companies to go public without being profitable. As long as their growth is good and they have a reasonable story for how they will achieve profitability, then it typically makes sense. Of course every company is different and not all will reach their profitability goals post-IPO, but in many cases, it wouldn't make sense to wait for profitability before going public.
- hirako2000 1y agoAlso reasons they need to go public. Growth is costly.