Zynga founder
@markpinc says IPOs are “only bad” unless you need access to capital markets like SpaceX or large-cap AI companies.
“If you don’t have that need for capital market access, there is no benefit.”
“You have so many employees who leave because they say, ‘I always wanted to be at a company that went public. It was on my bucket list. Goodbye.’”
“Your culture changes. Ours did.”
“It gives you five other jobs as a CEO that you don’t need.”