HN
Hacker News
Top
New
Best
Ask
Show
Jobs
Comment by citizenkeen | Hacker News Reader
Parent
Full thread
citizenkeen
·
Why would ByteDance IPO?
View on HN
Kye
·
You don't raise almost $10 billion dollars for a steady, stable lifestyle business. You raise almost $10 billion dollars to reach a liquidity event that pays it back to the investors with a huge profit.
tmccrary55
·
Specifically to cash out at peak hype.
Drew_
·
To make even more money
Reply on news.ycombinator.com