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At this point, I'm not sure why you'd want to go public unless it's simply to cash out ASAP. Everything you just described seems like major hell to deal with.
by GenerWork 2y ago
At this point, I'm not sure why you'd want to go public unless it's simply to cash out ASAP. Everything you just described seems like major hell to deal with.
- financiergoose 2y agoI'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...
- jandrese 2y agoThe usual reason would be because you need a large infusion of capital to expand your successful business into a major corporation. Slow growth might be a slow death if some other bigger company gets into the space and eats your lunch. I don't disagree that too many companies go public with little plan beyond "make lots of money for the founders", but there is a time and place for it.