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scarface_74
2y ago
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How many of those companies were profitable before going public?
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LambdaComplex
2y ago
· 2 in thread
Are you implying that it's impossible for a company to be both profitable
and
have a good internal culture?
That's a scary thought.
scarface_74
OP
2y ago
No I’m saying most tech companies went public without being profitable and that had more to do with the declining stock price.
foobiekr
2y ago
It's not weird at all to go public before profitability, that was even the standard in tech for the longest time. The IPO was a _fundraising_ event, not a dump-the-company-on-the-public-and-move-on event.
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