Web 2.0 companies go public?

My question is why doesn't web 2.0 websites like youtube and facebook go public like web 1.0 companies aka google ebay etc


did..

Web 2.0 companies go public?
Youtube was acquired by Google, not Fox (Rupert Murdoch's company). MySpace was acquired by Fox.





Facebook remains private but likely will go public if it does not get acquired.





Whether a company goes public often depends on whether a buyer comes in before the company reaches a size where the bankers feel comfortable taking it public. Just like a public company, a private company has shareholders. Offer them the right price, rather than wait to see whether they can create a public market to float their shares, they may sell out to an acquisitive company.





During Web 1.0 there were acquirors like Yahoo and Google but not as many of them and the hype was heavier over a larger number of companies. Due to the fact we have more buyers and not as many sellers and banks are leery to just IPO a company with revenues but no profits (or no revenues or profits but just users) like they did in 1999, fewer sellers are making it all the way to the public market.





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Reply:Because in the case of Youtube, Rupert Murdoch bought it all because he wants to keep all of the profits. In the case of Facebook, I believe, but am not sure, the original owners want to keep all of the profits.





Why should they sell their profits to you if they can keep them all themselves?





A company only goes public if it needs money to develop and grow. If they go public, they have to share their profits with the people who buy their shares. If they don't need that money to develop, they can keep all the profits.





If you start a busness cutting lawns, and you don't have the money for a lawnmower, but you are willing to find the customers and do the work, you might say "Nick, if you give me money for a lawnmower, I will give you half of all the money I make mowing lawns forever".





If you have enough money to buy your own lawnmower to start your business, why would you want to sell half your profits to me?