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0 pointsscarface_742y ago0 comments

How many of those companies were profitable before going public?

0 comments

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.

No I’m saying most tech companies went public without being profitable and that had more to do with the declining stock price.

foobiekr2y 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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