Why Founders Owe VCs an IPO

Kleiner Perkins April 30, 2025
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Kleiner Perkins

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For five decades we have partnered with intrepid founders to build iconic companies that made history. Today, Kleiner Perkins continues that legacy, investing in founders with bold ideas that span industries and continents, partnering with them from inception to IPO and beyond to maximize the potential of their ideas… and make history.

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IPO delays are common—but are founders forgetting what they signed up for? In this episode, Amplitude CEO Spenser Skates makes the case that founders who raise venture capital take on an implicit obligation. He explains why secondaries fall short—and why public markets remain the only true price discovery mechanism. Watch Spenser in conversation with Joubin Mirzadegan on episode #239 of Grit.

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