[rolltiide]

"never thought of it more than" used to have no bearing on companies accessing the public markets, and obviously it still doesn't whenever someone wants to do the paperwork.

IPO has been improperly elevated to a form of validation, put on a pedestal that doesn't exist, imagined solely because of the improbability of an IPO occurring.

I would point the finger at VCs but they are a byproduct of accounting and securities market regulatory devolution at the turn of the century