News for hackers. Stuff that matters.

A comment on HashiCorp Adopts Business Source License. Parent comment

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.

[ Parent | on HN ]
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.
[ Parent | on HN ]
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.
[ Parent | on HN ]
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.

[ Parent | on HN ]
Re:HashiCorp Adopts Business Source License by foobiekr on Friday August 11, 2023 @02:37PM (#37092227)
Time didn't start in 2004.
[ Parent | on HN ]
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?
[ Parent | on HN ]