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Comment by nelsonic

8 years ago

@asernik I was referring to the idea of them doing a "Direct Public Listing" ("DPO") as opposed to an IPO (similar to what Spotify recently did...) http://knowledge.wharton.upenn.edu/article/spotify-ipo/ https://www.investopedia.com/news/what-difference-between-ip...

> "a DPO is attractive to small companies and companies with an established and loyal client base. A DPO is also known as direct placement."

GitHub has the "established and loyal client base" with many millions in recurring revenue.

GitHub's principal VCs, Sequoia and A16z can both afford to wait for a return. everyone could sell in the "DPO" so VCs could liquidate if they needed cash ... https://www.crunchbase.com/organization/github