Navigating Acquisitions and IPOs

This chapter explores the dynamics of company acquisitions and IPOs, using the acquisition of Slack by Salesforce as a focal point. It contrasts the implications of acquisitions driven by competition with the significance of IPOs as markers of independence, while discussing emerging public offerings like DoorDash and Airbnb. The conversation also reflects on the journey of early-stage investing, touching on the challenges, risks, and emotional highs and lows involved in supporting new ventures.