Illustration: James Clapham

The Counterintuitive Case for Companies to Stay Private

IPOs used to be a company’s hot coming of age. Now they are more like a company settling into middle age.

Byrne Hobart
Published in
10 min readFeb 27, 2020

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TThe IPO used to be a coming-of-age ritual for new companies: They’d grow up a bit sheltered, raising money from venture capitalists and making their big mistakes in private. Then, at the right…

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Byrne Hobart
Marker
Writer for

I write about technology (more logos than techne) and economics. Newsletter: https://diff.substack.com/