The entire essay is about stopping development until it can be made more safe, with specific ideas on how to do that.
The fact that he would suggest this despite preparing for an IPO is an even stronger signal that it's in good faith -- it will almost certainly delay or reduce the valuation of the IPO.
The fact that he would suggest this despite preparing for an IPO is an even stronger signal that it's in good faith -- it will almost certainly delay or reduce the valuation of the IPO.