Why payments companies can't stay private too long

You've called out one, which is basically our capital structure and the way that the balance sheet work post COVID.

6:43 / 7:27

I'm following through. So the decision of, taking a pump a company public that had a lot of reasons. You've called out one, which is basically our capital structure and the way that the balance sheet work post COVID. But there are other reasons. For example, in the payments business, I think there there is huge, huge advantage to be a public company in the way that you are actually raising capital for that part of the business compared to being a private, a private company. I think is if you kind of go too long in the payments business on being private, you may end up not where you want to be. So that's kind of a was definitely a driver. But it's also you know, we have been starting to take share in the enterprise segment,

About this clip

Navan's CEO explains the strategic reasons behind taking the company public, highlighting how the payments business specifically benefits from being public when raising capital. He argues that staying private too long in payments can leave you at a competitive disadvantage, while also noting their growing enterprise market share as another driver.

Why this clip

Provides specific strategic insight about timing IPOs in the payments industry that other founders can learn from.

6:43 - 7:2744smarket insight

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