Comment by fullshark
11 hours ago
The intense race to dump the risk on the public and cash out (OpenAI ipo, Musk folding xAI into SpaceX for that IPO) is very telling.
11 hours ago
The intense race to dump the risk on the public and cash out (OpenAI ipo, Musk folding xAI into SpaceX for that IPO) is very telling.
The same thing that YC does…
https://medium.com/@Arakunrin/the-post-ipo-performance-of-y-...
I always wanted to crunch the numbers but never got around to it, so I'm glad someone actually went and did it. YC company IPOs always smelled like pump-and-dump than a true liquidity/fundraising event, and if those numbers are correct, I was right. Or to put it another way, if someone asks "should I buy IPO shares in a YC company", the answer is "no".
You generally want to IPO (and fundraise in general) at the most favorable terms possible — not when there are market headwinds.
Not if you see the IPO as your only remaining exit strategy for a juggling act that is threatening to rain down on your head when it collapses