David George on the future of going to the public in 2025

The growth rules have changed. in Techcrunch crashes 2025What is happening from 27 to 29 October in Moscone West in San Francisco, more than 10,000 startup leaders and VC will meet to explore how founders adapt to a market that is similar to anything, as happened five years ago. On October 27, on the first industry stage Go to public placesAndressen Horowitz Microphone will take a conversation alongside one of the biggest questions facing the founders today – how can you expand and succeed when the old rules are no longer applied?

What happens when your company remains private?

Today, startups can reach billions of dollars in evaluations, benefit from the first employees, and stay in particular for a longer period of their ancestors. But these benefits come with the bares. The founders of the late stage are now facing a new set of expectations about capital efficiency, liquidity and growth strategy. This chat is the side of fires with David GeorgeAndressen Horowitz, what is really required to build permanent companies in the VC scene today.

George is leading the A16Z growth investment team and support some of the most famous technology names in the past decade, including Airbnb, Slack, OpenDoor and Uber. Its view of how to spread capital-from early tours to late financing and secondary markets-for the founders a rare view behind the curtain on what investors are looking for in growth now.

Why this conversation is important now

With fewer subscription subscriptions, increased burn audit, and more private capital, the later day companies are moving in a completely different set of incentives. This session will explore how the public subscription window turns, what role the second salaries play in employees ’liquidity, and how emerging companies can put themselves in long time tables while continuing to move towards great results.

Don’t miss this conversation with one of the most experienced investors in the game. Join 10,000 technology leaders, start operating, and VC on October 27 at the Going Public Theater In Techcrunch Disrupt 2025. Securing your place and providing up to $ 675 Before prices rise.