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I don't get the obsession with going public. It has killed or derailed many a great company. It's not exactly a good thing to constantly be chasing short term profits and quarterly results over long term health.

The idea that companies should have the goal of going public is deeply flawed/unhealthy, I think. Though it makes sense for some.




It's not exactly a good thing to constantly be chasing short term profits and quarterly results over long term health.

That's entirely the company's decision. If they want to focus on long-term growth at the expense of profit (i.e. Amazon), they can.


You do understand that going public does not automatically equal only valuing short term profits right?


Amazon managed to not chase them for some time while being public.


Of course, there are always exceptions. Amazon is an outlier.


Maxis and EA come to mind :(


You mean companies like Apple?




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