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No one plans an ipo 5 years in advance
Subject Expert
They say that to get you to take less cash and more stock.
Subject Expert
I wouldn’t consider that a “startup”
Coach
Might have been my post… I work 70-80 hours a week but that’s because we’re tracking towards the next funding round as an emerging unicorn and there’s a very real pressure to always be adding value.
Aside from that, 5 years seems like a long time to IPO for a company that’s already a unicorn who has VCs who want to see value delivered via the IPO - why that timeline? What’s the equity they’re offering? Can you grow in your role? Are you sure they aren’t tracking being acquired instead?
Thanks for your response. Makes sense why your wlb is bad, what role are you in?
The 5 year timeframe is not what they have told me - they have indicated 2-3 years but I believe they gave the same time frame a couple of years back as well.
Growth potential is there - as they are setting up this team and looking to grow the team over the next couple of years.