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I was going to write a blog post about this as well from the employee said based on a some quotes from Marc Andreessen. I just listened to an interview where D
by joeblau 11y ago
I was going to write a blog post about this as well from the employee said based on a some quotes from Marc Andreessen. I just listened to an interview where Dan Primack interviewed Marc Andreessen and Marc made some really good points about timelines for public and private companies. Marc said:
> the time frame for how public companies think and how they are able to invest has shortened dramatically and correspondently the time frame for how private companies can think has elongated. [1]
> they (investors) tell the public company give us the money back this quarter and they tell the private company "no problem, go for ten years"
After I listened, I wondered why a talented employee would want to stay at private company that is going to take 10+ years to IPO?
[1] - https://soundcloud.com/a16z/a16z-podcast-taking-the-pulse-of-vc-and-tech-dan-primack-interviews-marc-andreessen#t=1:45 https://soundcloud.com/a16z/a16z-podcast-taking-the-pulse-of...