If you’re an entrepreneur in tech, you know what it feels like to be caught in the middle of two competing business models. On the one hand, there are venture firms that can keep you private, but at the cost of hyper-growth. On the other are public investors who’ll demand profitability, perhaps long before your company is ready to provide it.
For the entrepreneur, either route is fraught with peril. Your company needs capital to grow, but you don’t want that money to put its long-term health at risk or turn your life into a nonstop juggling act to keep stock prices rising.