Comment by palakchokshi

Someone please correct me if I'm wrong in assuming this but it seems a company like AirBnb would only raise private capital instead of going IPO because it's financials suck. I mean if you were doing really well and had profits that you were pumping back into the company you would want to IPO to raise money for lower dilution right? A private round might cause much more dilution than an IPO. Maybe I'm missing something.