[alden5]

Having public investors forces companies to try their best to make a profit with the threat that you could get sued if you don’t. Sacrificing short term gains for long term goals is something public companies aren’t really good at. One good example where not having public investors has drastically helped a company is spacex. Almost every one of their programs has had really bad failures that public investors could’ve investigated and shut down. As someone who worked for them I really don’t want them to become public, forcing a company to do that seems crazy.