They face a real bind here. Stay private and burn through cash trying to keep up with competition, or go public and deal with shareholders demanding immediate returns. Both paths look sketchy. Their valuations—whether we're talking startups or established players—are about to face some serious pressure from the real market. Reality has a way of catching up with hype.
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They face a real bind here. Stay private and burn through cash trying to keep up with competition, or go public and deal with shareholders demanding immediate returns. Both paths look sketchy. Their valuations—whether we're talking startups or established players—are about to face some serious pressure from the real market. Reality has a way of catching up with hype.