Matthew Prince

And so I think that while it absolutely is the case that when you're

you know, there were three of us that started a business in a, in a small office over a nail salon in Palo Alto, California.

So, you know, back then it would not have made sense for us to do full KPMG style audits today when we're North of a hundred million dollars in revenue, we have over 700 employees.

Um,

it's the right time for you to make sure that you've got, you know, a responsible board with outside directors to make sure that you're going through accounting and the procedures that are, that are correct, that you're doing full audits and whether you're a public company or not, there's a time that you, you've got to grow up and, and sort of companies that sort of say, we're going to be Peter Pan forever.

I, I, I, I would, I would worry about what's going on behind the scenes there.

You know, we haven't had...

I think that that's potentially something that people say.

That hasn't been something that has held us back.

Maybe there would be some marketing benefit from being public.

But again, I think there's actually a responsibility to an organization, to your investors, to create some liquidity.

And I also think that it's pretty amazing that you could have invested in an Apple or a Microsoft or an Amazon company

As a public market investor and had there be significant upside from there, I think this sort of allergy to being a public company is a disservice to public markets generally.

And I think it was probably too easy.

I was a securities attorney back in 2000.

It was probably too easy to become a public company in the late 90s.

It's probably too hard to do it now.

Again, you want to have the right balance between those things, but allowing public market investors and not just venture capitalists or people who are accredited to be able to make angel investments, be able to benefit from the innovation and the wealth that that creates, I think is actually a really important thing for markets generally.

Yeah.

Yeah.