Glen Tullman

And that's what we did.

There's no question that first and foremost, you have more degrees of flexibility as a private company and you can invest.

I can't even imagine as a public company making the investments that we made in AI.

you just couldn't do it.

And making the investments we continue to make to build this platform.

So that was really hard.

Second, I think it's tough as a public company, you have to be very clear of what you're doing.

So if you focus on profitability too quickly, you can end up sacrificing quality.

And that's a

a mistake that sometimes people make and you get into a downward spiral where each quarter your numbers are supposed to go up.

If you're not growing fast enough, you haven't designed the business correctly, and then you try to cut your way to success.

And that results in quality issues and a lack of investment.

So I think you've got to be very careful in terms of going public.

I've been fortunate to take three companies public, run four different public companies.

And that's just a different thing that most people, including most entrepreneurs, don't really understand.

So you've got to be ready to go public.

You've got to know where you stand.

And managing in a public environment is different.

So you've got to set the right expectations.

I do.