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by neltnerb 25 days ago
Because companies that want to go public need to look profitable or potentially profitable. And before they go public they have to release real, actual, legally demonstrable numbers for their costs and revenue anyway.
1 comments

When they will actually file to go public, their numbers will be intensely scrutinized. That's all that global headlines will be talking about for weeks on end. Why would they create forward expectations before it's necessary?

Of course they don't want to create forward expectations in a volatile macro environment, with the public listing being 6 months out.