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Pros and Cons of going public, Greg Smith CEO at Thinkfic

16 Jun 2024 · 1 min

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Greg Smith (CEO of Thinkific) discusses the pros and cons of taking his company public. He says he does not regret going public, notes positive outcomes beyond the $180 million capital raised, and reflects that raising at a market peak has trade-offs because public valuations move with the market.

Questions this video answers

$180 million

June 16, 2024

Chapters

I don't regret going public. There's definitely pros and cons. Right. And it's certainly not for everyone or for every business. And we can talk through some of the pros and cons. But as I shared a few, there's a lot of really good things that have come out of it, you know, above and beyond $180 million that we raised. And yeah, we raised at a really good time. But the trade off when you raise at the peak is and I've heard Warren Buffett talk like, you know, he wants to be in good, in accurate valuation, not excessive and not low. And I I'd love to just operate there for all time, too. But you do move with the market. So we obviously came down off that peak.