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I agree. If they’re so profitable already, why take the company public at all?
by cluckindan 1y ago
I agree. If they’re so profitable already, why take the company public at all?
- bdangubic 1y agoto be a lot more profitable
- cluckindan 1y agoAnd how would that happen? They already have the product, which can be sold in huge numbers without really needing to scale operations. Are you suggesting they need cash to rewrite or improve the product?
- CSMastermind 1y agoBecause there are likely many employees and investors who want to cash out. Going public makes their shares liquid. It's (probably) not reasonable for the company to repurchase that equity or to pay employees pure cash comp.
- j7ake 1y agoSounds like asking for the public to buy them out .