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Many tech companies going private recently with squarespace joining the mix. Thoughts on it?

Are firms struggling to stay afloat? Nordstrom, squarespace, 23andme, Qualtrics list goes on…. Curious to hear your thoughts. #google #amazon #microsoft

Bloomberg fLzW35 May 13

Nordstrom?

Microsoft SLYv25 May 13

Yeah. ROFL.

Nordstrom guftuvh May 16

What's so funny about Nordstrom OP?

Expedia Group rubonsrvn OP May 13

I won’t be surprised if Rivian and Lucid go that way too unless they want to file chapter 11

New
over it May 13

Some are fire sales for sure

New
Sanshuken May 13

American management style is failing

Addepar SCaP27 May 13

Because they are all struggling companies. Going private allows them to focus more on long term and not be distracted by the quarter by quarter results. Or they will be broken into pieces to be sold for scraps