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← A company with no pressing need for new capital has no reason to choose a traditional IPO over a direct listing.

17 connected korrents · 17 moments from 24 Aug 2020 to 25 Sept 2026.

Everything filed under Silicon Valley Silicon Valley Everything filed under stock market stock market Everything filed under venture capital venture capital Everything filed under startups startups Everything filed under management management Everything filed under value investing value investing Everything filed under market efficiency market efficiency Same subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subject Read this korrent: A company with no pressing need for new capital has no reason to choose a traditional IPO over a direct listing. A company with no pressing need for newcapital has no reason to choose atraditional IPO over a direct listing. Last stated 6 years ago 24 Aug 2020 BG Bill Gurley — holds since 2020-08-24 — tap for who they are Same subject: Neither running everything through the founder nor pushing decisions down is the better way to run a company; each only works if it fits that company’s own resources and values. — tap to centre the map on it Neither running everything throughthe founder nor pushing decisionsdown is the better way to run acompany; each only works if it fitsthat company’s own resources andvalues. Last stated 2 years ago 17 Dec 2024 CM Charity Majors — holds since 2024-12-17 — tap for who they are Same subject: The IPO process is unfair to companies because bankers pick both the price and the shareholders, where an anonymous auction would do the job. — tap to centre the map on it The IPO process is unfair tocompanies because bankers pick boththe price and the shareholders,where an anonymous auction would dothe job. Last stated 5 months ago 9 Jun 2026 BG Bill Gurley — holds since 2026-06-09 — tap for who they are Same subject: Outside well-established public companies, stock options and RSUs are almost all BS next to sharing real profits in cash. — tap to centre the map on it Outside well-established publiccompanies, stock options and RSUsare almost all BS next to sharingreal profits in cash. Last stated 8 months ago 15 Feb 2026 JF Jason Fried — holds since 2026-02-15 — tap for who they are Same subject: An investor who never borrows against their securities can afford to think, because no fall in price can force them to sell. — tap to centre the map on it An investor who never borrowsagainst their securities can affordto think, because no fall in pricecan force them to sell. Last stated 3 years ago 20 Feb 2024 BA Bill Ackman — holds since 2024-02-20 — tap for who they are Same subject: Selling an undifferentiated product while expecting returns above the cost of capital is unrealistic. — tap to centre the map on it Selling an undifferentiated productwhile expecting returns above thecost of capital is unrealistic. Last stated 2 years ago 1 Oct 2024 TG Tren Griffin — holds since 2024-10-01 — tap for who they are Same subject: Asking a referring investor whether they personally invested puts the startup being referred at a disadvantage. — tap to centre the map on it Asking a referring investor whetherthey personally invested puts thestartup being referred at adisadvantage. Last stated 3 months ago 5 Aug 2026 ZH Zach Holman — holds since 2026-08-05 — tap for who they are Same subject: The traditional IPO process is systematically broken and costs founders, employees and investors billions of dollars each year. — tap to centre the map on it The traditional IPO process issystematically broken and costsfounders, employees and investorsbillions of dollars each year. Last stated 6 years ago 24 Aug 2020 BG Bill Gurley — holds since 2020-08-24 — tap for who they are Same subject: Employees and customers do not want what founders want, and equity stakes become a demotivator in almost every organisation. — tap to centre the map on it Employees and customers do not wantwhat founders want, and equitystakes become a demotivator inalmost every organisation. Last stated 3 years ago 26 Mar 2024 SG Seth Godin — holds since 2024-03-26 — tap for who they are Same subject: A founder should take half the valuation if it buys all of the control, because the right to be wrong in your own way is what founding was for. — tap to centre the map on it A founder should take half thevaluation if it buys all of thecontrol, because the right to bewrong in your own way is whatfounding was for. Last stated 5 months ago 2 Jun 2026 MP Mark Pincus — holds since 2026-06-02 — tap for who they are Same subject: AI factories and foundries are too capital-intensive for venture money; they need government or sovereign funds behind them. — tap to centre the map on it AI factories and foundries are toocapital-intensive for venture money;they need government or sovereignfunds behind them. Last stated 4 months ago 18 Jun 2026 LT Lip-Bu Tan — holds since 2026-06-18 — tap for who they are Same subject: Blockchain's original sin was the belief that it had to replace the entire internet rather than fix money and finance — tap to centre the map on it Blockchain's original sin was thebelief that it had to replace theentire internet rather than fixmoney and finance Last stated 4 months ago 16 Jul 2026 NN Neha Narula — holds since 2026-07-16 — tap for who they are Same subject: A "good business" now means one that can display quarter-on-quarter stock growth, not one that makes good products at a fair price. — tap to centre the map on it A "good business" now means one thatcan display quarter-on-quarter stockgrowth, not one that makes goodproducts at a fair price. Last stated a year ago 21 May 2025 EZ Ed Zitron — holds since 2025-05-21 — tap for who they are Same subject: A high, stable dividend yield gives a stock's valuation a downside floor that growth stocks without dividends lack. — tap to centre the map on it A high, stable dividend yield givesa stock's valuation a downside floorthat growth stocks without dividendslack. Last stated 8 months ago 3 Mar 2026 SB Sanjay Bakshi — holds since 2026-03-03 — tap for who they are Same subject: A society's prosperity comes from its productivity, not from the financial system or stock market. — tap to centre the map on it A society's prosperity comes fromits productivity, not from thefinancial system or stock market. Last stated a month ago 25 Sept 2026 MM Mr. Money Mustache — holds since 2026-09-25 — tap for who they are Same subject: "Move fast and break things" is the wrong mantra when you are dealing with atoms; the job is to move fast and ship safely. — tap to centre the map on it "Move fast and break things" is thewrong mantra when you are dealingwith atoms; the job is to move fastand ship safely. Last stated 3 months ago 3 Aug 2026 DD Dmitri Dolgov — holds since 2026-08-03 — tap for who they are Same subject: A new approach to forecasting the future should sit between techno-utopianism and dystopian imagery. — tap to centre the map on it A new approach to forecasting thefuture should sit betweentechno-utopianism and dystopianimagery. Last stated 2 years ago by 24 Mar 2025 AC Amber Case — holds since 2025-03-24 — tap for who they are Same subject: AI companies promote themselves around 'taste' because their products are unappealing outside tech circles. — tap to centre the map on it AI companies promote themselvesaround 'taste' because theirproducts are unappealing outsidetech circles. Last stated 7 months ago 26 Mar 2026 KC Kyle Chayka — holds since 2026-03-26 — tap for who they are
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At the centre A company with no pressing need for new capital has no reason to choose a traditional IPO over a direct listing. Last stated 24 Aug 2020 · 6 years ago Holds Bill Gurley Read this korrent →