Congratulations to the team and of course YCombinator!!
3 things I'm looking forward to knowing.
1) What is their profitability? I think they might surprise some people here, like Google did when they were private, hiding just how much money they are making.
It will be nice to see a cash flow positive tech company going public!!
2) What sort of share structure they are looking for. I think after SNAP its going to be a tough sell to get away with no voting control,
3) Can they go public at a valuation larger than the rumored $10+ billion they were valued at without resorting to cheap tricks like only floating 5% ala Groupon.
As a side note, it looks like JP Morgan and Goldman Sachs decision 4-5 years ago to start offering more services to private companies is starting to pay dividends
3 things I'm looking forward to knowing.
1) What is their profitability? I think they might surprise some people here, like Google did when they were private, hiding just how much money they are making.
It will be nice to see a cash flow positive tech company going public!!
2) What sort of share structure they are looking for. I think after SNAP its going to be a tough sell to get away with no voting control,
3) Can they go public at a valuation larger than the rumored $10+ billion they were valued at without resorting to cheap tricks like only floating 5% ala Groupon.
As a side note, it looks like JP Morgan and Goldman Sachs decision 4-5 years ago to start offering more services to private companies is starting to pay dividends