How about some combination of Revenue + Profitability?
Revenue alone doesn't help, I think Facebook crossed $300 MM but was not profitable at that point in time.
Current IPO's target revenue in the range of $50 MM (I think), pre-bubble IPO's required 4 straight quarters of revenue growth (something like that), this is a moving dynamic.
For what it's worth, my understanding is that the target these days (especially thanks to the costs of Sarbanes-Oxley compliance) is closer to $100 MM in revenue to even think about an IPO.
Comments
how many tech companies have made it as far as an IPO without taking money from VC funds?
Any particular reason you are looking at an IPO as a milestone? Somehow I see the YC companies more like SAS.
It's unequivocal. You could also use a revenue threshold.
How about some combination of Revenue + Profitability?
Revenue alone doesn't help, I think Facebook crossed $300 MM but was not profitable at that point in time.
Current IPO's target revenue in the range of $50 MM (I think), pre-bubble IPO's required 4 straight quarters of revenue growth (something like that), this is a moving dynamic.
For what it's worth, my understanding is that the target these days (especially thanks to the costs of Sarbanes-Oxley compliance) is closer to $100 MM in revenue to even think about an IPO.
Sending astronauts to space also is a clear sign your space program is real. It is also retarded in most cases.