> I mean, YC is the first to admit that not everything needs to be VC funded and some things just aren't good fit for that funding model. I think a code editor is one of them.

Fully agree. I also feel like a lot of companies do not need to be on the stock market, especially if they're reasonably profitable, feels like the stock market is where you go to let go of more of your company just to get rid of the VCs whom you owe a lot of money to.

I remember when I was learning about entrepreneurship in college I was baffled by their insistence of an “exit strategy”. The idea just seemed so foreign to me. See I naively thought the point of starting a business was to do the business, not to not do it and sit next to a pile of money instead. Silly me.