Comment by nine_k
5 hours ago
There are beef companies and milk companies, depending on the way they plan to use their cash cow.
(Most VC funding is used to quickly produce a beefy market share, and sell it to those who think they can milk it, or to profitably butcher it.)
Trying to get milk out of the kind of cattle one raises for beef is a pretty good analogy for using an IPO to offload a questionable company onto the public.