I see people, surely more versed in ipos than me, mention enshittification.
is this happening with most ipos? what green flags should we look at as hits that "this company is different"?
is this happening with most ipos? what green flags should we look at as hits that "this company is different"?
The only possible green flag os "Did not ipo"
One of the greatest companies, Valve, is privately owned.
I also respect 37signals, which isn't publicly owned.
Those are the two companies that crop in my head when I think "Good company"
it's sustainable if it doesn't need growth (and market beating growth at that). that would be a green flag.
it's a sad reality, I wish we've found the cure already, or perhaps nothing is broken and I just have to zoom out (for ex., smaller bow-and-arrow players now have a chance to take down the nerfed mastodon)