What is the likelihood of Freetrade pursuing an IPO in the next 18-24 months?
0.001% I would say.
Whatever the VCs have in mind.
I very much hope it doesnt IPO until it has conquered Europe and profitable. It would be a hindrance and distraction and very short sighted to IPO in 2 years. I think many others would feel the same way. So 3 to 6 years with a median of 4 or 5 is probably what I would hope for.
May I add: focus on building the business and the exit will come. What’s the rush?
Freetrade as a business in only just getting started so an IPO really isn’t important at this moment.
Let’s just enjoy the journey! It’s exciting to see where the company and product is going, it’s great to be a part of it.