Companies should not stay private indefinitely and should aim to go public once they reach substantial revenue.

“I'm in the bill Gurley Camp you should not stay private forever you should get your company if you have 100 or 200 million in Revenue get your company public innovate and grow in the public markets with the discipline and Cadence at the public markets”

Private companies control their cap tables to ensure they have investors with a positive track record of behavior.

“a private company really does care and part of the reason why they care is because these startups are highly risky and they want to have investors who have a track record of behavior where they don't have to worry about being they're gonna lose every time something doesn't work out”

The IPO market is beginning to recover, and investors should anticipate both high-quality IPOs and down-round offerings.

“the world's normalized fear of covet's past hyperinflations passed Etc first class IPOs are coming and a bunch of down-round IPOs are coming”