[hkmurakami]

Prime example is Cargill. $100B in revenues, privately held.

https://www.cargill.com/about/financial/credit-rating-inform...

[elastic_church]

If any of these tech companies decided to just go with 6 months of positive revenues, they could issue bonds in Europe representing waaay cheaper capital than VCs and not have to worry about it for the next two decades.