Re:HashiCorp Adopts Business Source License
by scarface_74 on Thursday August 10, 2023 @08:59PM
(#37083834)
How many of those companies were profitable before going public?
[ Parent
| on HN ]
Re:HashiCorp Adopts Business Source License
by LambdaComplex on Thursday August 10, 2023 @09:25PM
(#37083999)
Are you implying that it's impossible for a company to be both profitable and have a good internal culture?
That's a scary thought.
Re:HashiCorp Adopts Business Source License
by scarface_74 on Thursday August 10, 2023 @09:31PM
(#37084027)
No I’m saying most tech companies went public without being profitable and that had more to do with the declining stock price.
Re:HashiCorp Adopts Business Source License
by foobiekr on Friday August 11, 2023 @01:46AM
(#37085497)
It's not weird at all to go public before profitability, that was even the standard in tech for the longest time. The IPO was a _fundraising_ event, not a dump-the-company-on-the-public-and-move-on event.
Re:HashiCorp Adopts Business Source License
by scarface_74 on Friday August 11, 2023 @05:47AM
(#37086845)
All of the current BigTech companies except Amazon were profitable before going public - Apple, Microsoft, Google, Facebook.
The vast majority of tech companies that IPOd since Facebook have been a disaster of an investment.
Re:HashiCorp Adopts Business Source License
by foobiekr on Friday August 11, 2023 @02:37PM
(#37092227)
Time didn't start in 2004.
Re:HashiCorp Adopts Business Source License
by scarface_74 on Friday August 11, 2023 @06:40PM
(#37094912)
Do you really want to use the tech IPO market pre 1999?