I wrote this in a (very) long piece about why Twitter shouldn’t IPO. But I think it is certainly worth repeating:
Publicly Traded Companies = Aircraft Carriers
Massive, powerful, need an army of support staff, able to plow through what lies in front of them, but the mistakes are magnified, costs are astronomically higher, guided by a chain of command that hinders quick responses, harder to change course/direction and are ultimately seen as relics of old warfare.
Private Companies = Drones
Future of warfare, highly accurate/precise, change direction instantly, able to be fixed instantly, require minimal support staff, costs are far less in comparison, streamlined chain of command controlling them and they posses the ability to single-handedly accomplish a mission by themselves. They are the future of warfare.
Which do you want to be?