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notyourday
on March 22, 2019
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Pinterest S-1
Like Snapchat.
ericd
on March 22, 2019
[–]
Well, the other criteria is that they have to actually be good businesses. I think it's a good thing for Google, maybe not so much for Snapchat.
notyourday
on March 22, 2019
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parent
[–]
If I recall correctly, Google was profitable when it went public.
ericd
on March 22, 2019
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root
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[–]
Yeah, but I don't think that was short term thinking. They didn't have to mess up their long term prospects to do pull that off.
notyourday
on March 22, 2019
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root
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[–]
I believe that's the difference - Google demonstrated that the founders had a clue by running a profitable business. Snapchat did not.
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