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Why I Like Being Public
20VC with Harry Stebbingsยท2025-07-16 05:00

Company Perspective on Public Listing - The company enjoys being a public entity [1][2] - Sees earnings calls as opportunities to connect with shareholders and retail investors [2] - Views earnings calls as a "postgame press conference" [2] Analogy to Sports - Draws a parallel between business performance and sports, specifically postgame press conferences [2][3] - Postgame press conferences are entertaining regardless of whether the team wins or loses [3] - Losing games can reveal internal issues or player shortcomings, which is also entertaining [4] - Poor performance is likened to being "railed by the press," a business equivalent [4]