That's what happens when the likely success scenario is selling out to an existing company rather than growing to be a genuinely large and long lived company.

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nine_k 14 hours ago | parent [-]

There are beef companies and milk companies, depending on the way they plan to use their cash cow.

(Most VC funding is used to quickly produce a beefy market share, and sell it to those who think they can milk it, or to profitably butcher it.)

	▲	potato3732842 12 hours ago \| parent [-]
		Trying to get milk out of the kind of cattle one raises for beef is a pretty good analogy for using an IPO to offload a questionable company onto the public.