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I've been adamantly opposed to the public trading of tech companies for fifteen years now:

The Valley is a Harsh Mistress


Investment yes, Wall Street no.

The reason to seek investment is to grow one's company so that one can grow one's business in ways that would not be possible to fund out of one's current revenue.

One of the very wealthiest people I have ever met founded "The Nation's Largest Sperm Bank" in the early 1970s with $2,500.00 of his own money, along with just one other partner, mostly for liquid nitrogen dewars, medical lab equipment as well as pr0n.

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