Companies can build a better business by staying private longer, allowing them to focus without external pressures.

The question of why companies should go public is increasingly relevant, especially given the extended privatization windows available today. I think companies realize they can have greater focus by remaining private for longer.

Historically, successful companies were built with much smaller seed rounds, indicating that the current funding environment may be skewed and that adequate funding can still lead to success.

In building businesses, many great companies didn't start the way we storytell them. For example, IBM started as a private equity rollup.

It's beneficial to raise money from investors with a track record of building large companies, as they are more likely to support your growth.

I advise founders to avoid going public as long as possible, as it can hinder your ability to focus on long-term success.

Deciding whether to stay private or go public is primarily a financing decision, influenced by the need for liquidity among employees and investors.

Building a business that people think can't be done can lead to less competition in the early days, allowing for necessary pivots and learning.

It's important to understand the implications of raising a large round, such as giving up control and how it affects future fundraising and equity distribution.