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This article was published on August 1, 2012


Too soon? Path CEO Dave Morin already dreaming about an IPO

Too soon? Path CEO Dave Morin already dreaming about an IPO
Robin Wauters
Story by

Robin Wauters

Robin Wauters is the European Editor of The Next Web. He describes himself as a hopeless cyberflâneur, a lover of startups, his family a Robin Wauters is the European Editor of The Next Web. He describes himself as a hopeless cyberflâneur, a lover of startups, his family and Belgian beer. If you'd like to know more about Robin, head on over to robinwauters.com or follow him on Twitter.

Don’t get me wrong, Path is great and all, but I have to confess that I grinned when I saw this @CNBC tweet. Apparently, Path founder and CEO Dave Morin is already thinking and/or dreaming about an initial public offering.

Admittedly, I didn’t see the CNBC Squawk Box bit where Morin uttered the words, but according to the network’s Mary Catherine, he said:

“We’re going long … and ultimately want to go to the public markets some day.”

Ambitious plans for such a young company with zero revenue, but hey, what’s the point in not having any of those when you’re a startup?

Google’s reportedly already tried to buy Path for $100 million and saw its offer rebuffed, so it’s logical that Morin is bullish about Path’s long-term plans.

An IPO seems way, way, way off though.