VC Funding Has Become a Dick-Measuring Contest and Being Public Sucks

I don't know who needs to hear this, but if you have the option to bootstrap your business, and not raise any VC funding (be it from Sequoia, Benchmark, A16Z etc), do it! You run your business without any strings attached.  

And don't ever take your company public if you have the option not to. The market is short-term in nature. Quarterly earnings don't benefit anyone. There isn't a shit ton that is happening every quarter in every business that the C-suite needs to get on the call and greet the analyst community. But they do it. The only winners of these quarterly debaucheries are investment bankers, who have an excuse to get a meeting with the C-suite and hit their annual meeting quotas. I remember reading at some point when I was an analyst that some regulator was thinking of getting away with quarterly reporting, but alas it never happened. Less useless benchmarking to do. But anyway, you don't even know how honest the management team is being on these calls. They're under pressure to give rosy news every quarter, otherwise their stock tanks. Do you really think there is positive news coming out every 3/4 months? If they make these calls twice or annually, then I can still get on board with the idea of publicly listed companies. I envy the folks at Cargill, Koch Industries. Maybe there are others I am forgetting now.     

If they made these reporting exercises less onerous, maybe more companies would go public, and at the end of the day, valuations of publicly-listed companies inform valuations for those in the private markets (i.e. they serve as a barometer).