this post was submitted on 01 Jun 2026
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[โ€“] Croquette@sh.itjust.works 2 points 2 weeks ago (1 children)

IPO brings a lot of money though, much more than seed money.

[โ€“] rumba@lemmy.zip 2 points 2 weeks ago

It brings tons of money, but also a microscope and public disclosure. You lose a LOAD of control over the company and get to be inspected by lots of entities. And if you have a badish quarter, you're held directly accountable by the public.

They usually don't want all that if the company is doing fine.