Green: $5B–$10B IPOs remain fully viable despite growth of ETFs
Mitchell Green · Mitchell Green: Why 50% of VCs Should Not Exist · 20VC with Harry Stebbings · Mar 7, 2026 · at 55:17
Mitchell Green, founder and Managing Partner at Lead Edge Capital, responds to Harry Stebbings asking whether companies in the $3 billion to $10 billion valuation range are too small to go public.
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“In the world where, like, ETFs and passives have become huge and the number of fundamental investors is, like, shrinking, I don't think you want to be a two to, ideally, you don't want to be, like, a two to three billion dollar company, but I don't think there's any reason you can be, you can't be a seven to ten billion dollar company or a five to ten billion dollar company. I think those are, like, legit.”
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