Technically Speaking: Why Tech Firms Like Uber and Slack Are Waiting So Long to Go Public Now
Hot tech companies used to follow a well-worn path of receiving several rounds of VC financing and then going public. But now they’re staying private for much longer and instead raising larger and more frequent rounds of financing, with the already-public Tesla famously now wanting to go private again. Why is this happening now and what are the potential implications for retail tech investors? TheStreet and The Deal’s Chris Nolter and Annie Gaus share their perspectives.