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Arcane

○─○─○ • 11m

According to Zoho Founder Mr. Sridhar Vembu, 'Leading a public company is far more challenging than a private one.' I have a question for you - If your startup thrives, would you go public for growth and capital, or remain private for autonomy and f

Anonymous 1

Hey I am on Medial • 11m

Private anyday

Arcane

○─○─○ • 11m

Could you elaborate your reasons ?

1 replies

Replies (1)

Anonymous 1

Hey I am on Medial • 11m

I saw an interview of vijay shekhar sharma yesterday. Found the insights pretty interesting. So: basically when he raised a pre-IPO round, the amount aimed was— 900mn dollars USD, he ended up raising 10 bn USD Something. So yeah, But just before IPO they took it off because of the covid and interest rate hikes during 2020, so basically due to normal market conditions. Hence emerging services, tech, is the first sector from where people suck the money first out, when times get tough. Retail investors are not trustable.

1 replies1 like

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