This article mostly seems to be about companies going public later than they might have a few years ago. What about companies that never go public? To ask an a

This article mostly seems to be about companies going public later than they might have a few years ago. What about companies that never go public? To ask an admittedly naive question: is it possible to get funding and remain private? Does that even make sense? Obviously investors want to make money, can profits at a private company serve that function? Or are tech investors mostly (only?) interested in > 100x ROIs?