Re:Startups Rejecting Venture Capital
by SkyMarshal on Saturday January 12, 2019 @03:50PM
(#18893215)
No, you can't take an early stage, pre-revenue company public. It takes ~7yrs plus or minus to scale a company from nothing to large enough to list on public markets, which is what VCs are for.
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Sure, that's how it is now, but it definitely hasn't always been that way. The original public companies definitely were "early stage, pre-revenue," though you can argue that those were long enough ago to be irrelevant.
Intel's IPO was 2 years after the company was formed.