The UK's Growth Dilemma: Taxes Keep The Biggest Startups From Taking The Next Step To IPO

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http://techcrunch.com – Editor’s note: Robin Klein is a venture partner at Index Ventures and founder of The Accelerator Group. As they reach the stage when they’re approaching profitability, fast-growth companies have a choice: They can either focus on profits or on market share and scale. Our preference is that they continue to focus on growth. Although this, in turn, stimulates economic activity and employment in the wider economy, that’s not the main reason we favor this route. We simply think it’s good business to build markets and market share rather than focus on profitability, which can be delayed (IT news)