Ryan Smith

We're definitely at scale.

And that's pretty good.

Yeah, I don't know that it's all around economics as a reason to go public because that's pretty shallow.

I think that as we look at where the opportunity is for Qualtrics, I mean, I feel a little bit kind of like, hey, in 2002, we were working on something that's at the forefront of all data today.

I mean, that's pretty lucky.

I mean, we think we're really smart entrepreneurs, all of us, but we're also pretty fortunate to be kind of creating at this time.

And if I look forward and say, hey, why do we think we need to be a public company?

And its reality is we think we're building the next Workday, the next Salesforce.

And it's a lot easier to do at some level to reach the potential, the opportunity in the public market.

Very few people have done it without going there.

Let's just put it that way.

And we've defied a lot of gravity.

I think that's one that's going to be really hard to defy.

And by the way, we've been private for 15 years.

I'm pretty well-versed in what that looks like.

And, you know, that's longer than a lot of people.

So, you know, a lot of people say they never go public, but they end up doing it.

Look, I think great companies can do a pretty big pre-IPO round.

And the good ones have done it.

Atlassian did it.