Re:Coinbase announces confidential submission of draft regis...
by jtsiskin on Thursday December 17, 2020 @02:45PM
(#25459507)
They don't want to.
If you think they will still grown, I'm sure the owners do as well. They don't benefit from selling at a lower price than they think they will eventually, unless they need the cash. But if they need the cash, getting it from a single source like a VC comes with many other benefits.
The only way it would work out for them is if 'going public' would give them significantly more money per share than a VC would. Which I guess may be possible
If you think they will still grown, I'm sure the owners do as well. They don't benefit from selling at a lower price than they think they will eventually, unless they need the cash. But if they need the cash, getting it from a single source like a VC comes with many other benefits.
The only way it would work out for them is if 'going public' would give them significantly more money per share than a VC would. Which I guess may be possible