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by scarface_74 1045 days ago
No I’m saying most tech companies went public without being profitable and that had more to do with the declining stock price.
1 comments
foobiekr 1045 days ago
It's not weird at all to go public before profitability, that was even the standard in tech for the longest time. The IPO was a _fundraising_ event, not a dump-the-company-on-the-public-and-move-on event.
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scarface_74 1045 days ago
All of the current BigTech companies except Amazon were profitable before going public - Apple, Microsoft, Google, Facebook.

The vast majority of tech companies that IPOd since Facebook have been a disaster of an investment.

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foobiekr 1044 days ago
Time didn't start in 2004.
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scarface_74 1044 days ago
Do you really want to use the tech IPO market pre 1999?
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