Venture capitalist Fred Wilson compares going public to taking medicine, and he has some strong words for tech companies that refuse to take their medicine.
"It doesn't taste good," he said on stage at the Upfront Summit in Los Angeles on Thursday. "But it makes you better."
It's the slowest tech IPOs have been in years, and Wilson has had enough with companies staying private to wait for better market conditions or to keep getting capital from private firms.
"I agree with Bill Gurley on this. Man up! Woman up! F------ do it! Don't be chicken!" Wilson ranted, referring to another outspoken VC.
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