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In reply to @kostas
pushix@pushix
1/24/2023

An IPO is a loss of control for founders (now you need quaterly narratives & slave to markets). If you can avoid it somehow, you do. Stripe could avoid it because of great secondaries and good money in the bank. I don't think they regret it? Employees might, but as a founder private >>>> if you can.

In reply to @pushix
Andrew Judson@judson
1/24/2023

are they doing buybacks or dividends? what is driving secondary market sales if there is no expectation of IPO?