The Wolf Of All Streets(@scottmelker):Kraken co-CEO Arjun Sethi calls going public in the US the slowest piece of financial plumbing left "Going public in the United States is expensive. It is the slowest piece of financial plumbing left." "I'm living it, and so are my portfolio companies." "What I've seen up close from the founder side, sitting on the boards of companies and investing in them is time. The process is measured in quarters and years, not weeks." "Audits, controls, filings, every number defined and then redefined and then restructured. Every metric then is argued over with people who have never run your business in any capacity." "Frankly, they learn more on your dime than they can give you advice for."

2026.10.18 21:15

Kraken co-CEO Arjun Sethi calls going public in the US the slowest piece of financial plumbing left "Going public in the United States is expensive. It is the slowest piece of financial plumbing left." "I'm living it, and so are my portfolio companies." "What I've seen up close from the founder side, sitting on the boards of companies and investing in them is time. The process is measured in quarters and years, not weeks." "Audits, controls, filings, every number defined and then redefined and then restructured. Every metric then is argued over with people who have never run your business in any capacity." "Frankly, they learn more on your dime than they can give you advice for."