Comment by alephnerd
2 hours ago
That is not why you are seeing a deluge in listings. It takes 1-2 years to make a company IPO ready and is a massive operational headache, and the controls needed take multiple quarters to implement.
The reason you are seeing a boom in IPOs versus 2023-25 is because a large portion of funds that are from the 2016-20 vintage are about to hit the 10 year mark when LPs need to be made whole.
This means you need to exit your investments either with an additional round, an acquisition, or (the most common approach for growth equity which is what series D and later rounds are) IPO.
[flagged]
> Hahah explain why data bricks and stripe are still private
The founders of Databricks and Stripe explicitly structured the terms of their later rounds such that they could remain private indefinetly if needed in return for operational control. Basically the "Rich versus Kings" [0] dichotomy
> Didn’t you say you wanted (sic) tour account deleted? Yet here you are
CCPA requires proof of identity for an account to be deleted, which I do not want to provide due to my professional network's overlap with YC. I'm waiting for HN's mod team to eventually ban my account and subsequently delete my comments like they did for a few others.
> Mate you’re full of it
If you're going to act hostile why don't you use your primary account instead of a throwaway?
[0] - https://www.hbs.edu/faculty/Pages/item.aspx?num=38550