[tomatowurst]

IPO right now is very difficult as the door is closing, and investors are wary about paying a premium like they have before. They delayed it too long and have missed the window, it is unlikely from a year from now they will be able to get any bids for the current market valuations.

[colinmhayes]

I mean why didn't they IPO last year with everyone else?

[Emphere]

PC has spoken admirably of Koch Industries and he thinks there's some merit to remaining private. That's probably why. I don't have the source at hand but probably one of his podcasts.

[colinmhayes]

I feel like it makes sense for Koch to stay private since their work mostly focuses on fossil fuels and specifically fracking. Public markets can be a big distraction with protests and what not. Is stripe worried about being cancelled?

[tomatowurst]

Your guess is as good as mine but they likely thought that the status quo in market would continue.