In simple terms, the speaker is expressing their intention to make a company publicly traded because they believe that doing so will yield more advantages than disadvantages. This decision stems from an assessment of potential benefits and drawbacks associated with going public.
On a deeper level, this quote encapsulates the essence of strategic business decision-making. When a company decides to go public, it is often faced with complex considerations such as financial gains, market exposure, and governance challenges. The speaker's statement underscores the importance of weighing these factors carefully before making a significant change like going public. It suggests that while there are numerous reasons for taking this step, the primary motivation should be a clear understanding of how it will benefit both the company and its stakeholders in the long run.
The quote is attributed to Dave Goldberg, who was an American businessman known for his roles at companies such as SurveyMonkey and LinkedIn. Goldberg had extensive experience in technology and startup environments, making him well-versed in navigating the complexities of corporate growth and public market entry.