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Greetings, readers. As Haje and Christine told you last week, this week’s Daily Crunch will look a bit different, given they are both taking some time off. But you’ll still get some TC tidbits during this typically slow news week. I’ll also be sharing some of our favorite stories of the year from TC and TC+, so let’s get going! — Neither Christine nor Haje
It sounds counterintuitive, but in this chilly fundraising environment, late-stage startups need to consider going public.
“While some companies delay their IPOs, others can play catch-up and prepare for the time when the open market itches to invest again,” writes Carl Niedbala, COO and co-founder of commercial insurance broker Founder Shield.
In a detailed TC+ article, he looks at why “sensible companies are de-risking their public path,” which sectors are best positioned, and perhaps most notable, which benchmarks indicate “that an IPO is in their future.”
Two more and a look back:
TechCrunch+ is our membership program that helps founders and startup teams get ahead of the pack. You can sign up here. Use code “DC” for a 15% discount on an annual subscription!
Source @TechCrunch
