In one 25-company batch of Y Combinator (s2009) there was Stripe, Mixpanel, Olark, WePay, Lockitron, Listia, Bump (now Google Photos) and RethinkDB. Geeeez.
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Replying to @AustenAllred
i'm surprised that they've still not had a single IPO.
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Replying to @CantHardyWait @AustenAllred
several of the startups he mentioned are generating hundreds of millions of dollars in revenue... are you asking why they'd go public?
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Replying to @heathwblack @CantHardyWait
I think he means that in this market other than early employee/VC liquidity there's no advantage to being public
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Alex Hardy 🦊 🦔 Retweeted Austen Allred
Yes basically this. What’s a reason other than they’ve hit [x] arbitrary milestone?https://twitter.com/austenallred/status/937842681409019904 …
Alex Hardy 🦊 🦔 added,
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A big reason
$appn went public was to add credibility to enterprise customers. Their CEO did a good job explaining in their IPO day interview on cnbc. Done amazing since. They know how to manage wall St too. Love the team there1 reply 0 retweets 0 likes
Interestingly, as we talk Blue Apron is up 17% today (though still rekd relative to earlier price)
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Their model is shitty whether public or private it was gonna take down rounds.
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Replying to @AdamSinger @AustenAllred and
blue apron is nuts.The meals cost the sam as those in restaurants and I have to cook
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