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Two huge reasons why going public seems miserable: 1. Quarterly earnings: 3 months is such a short time. Hard to make cool new stuff or improve old stuff when you're medium/big. We should get rid of this. 2. Guidance: having to guess where you'll be is a pain for innovation
Tbh I don’t understand the benefits...access to capital cannot be the main reason anymore.
Agree. One must get to elite CEO level a la @JeffBezos where markets trust you to invest for long-term and give you plenty of leeway with quarterly results.
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