this post was submitted on 09 Jun 2023
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Technology
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They would probably have to drop their plans of going public for me to reconsider. Of course I know this is never ever gonna happen in this reality…
Going public never made any sense to me, it feels so short sighted as whenever you sell more stock you lose more control of your company and stock holders have literally no interest in seeing your company succeed if your company starts failing their just going to bail on you and invest somewhere else
After going public your whole modus operandi switches from "having a well running company that generates a steady income" to "generating more revenue every single year or loosing everything because your share holders dump you"