Home » General World News » The CEO of $4.3 billion Okta explains why he wishes he had gone public sooner — and all of the surprising perks of life after an IPO (OKTA)

The CEO of $4.3 billion Okta explains why he wishes he had gone public sooner — and all of the surprising perks of life after an IPO (OKTA)





Todd McKinnon (R)_Candid at Nasdaq

  • One year after Okta’s initial public offering, CEO Todd McKinnon shares his advice to founders thinking about taking their startups public.
  • McKinnon, who cofounded Okta in 2009, said he regrets not taking the company public sooner.
  • Being public is business as usual, he said — but it’s way easier to get cash. He says he raised a $300 million convertible bond in a half-day of investor presentations over the phone.
  • McKinnon said that he doesn’t recommend public markets to anyone whose company’s financials are unpredictable from quarter to quarter.

On April 7, the identity management platform Okta will celebrate one full year as a read more >>>

Source:: BusinessInsider.Com

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