Is waiting better? Surely it would be better to be early, before faith is lost? I think being late to a party as it’s deflating is the worst case

My hunch is that it’s better to be late in this scenario because now your moves are under public scrutiny or at least neck-deep. People can pull out, it could slow them down and at the end look worse.

As a privately held company, it functions under different dynamics that in the environment we’re seeing feels better to stay private for longer.