Coworking startup WeWork has acquired eight companies over its lifetime. The cohort of targets doesn’t make a lot of sense at first glance. Maybe that’s a problem for a company with a chip on its shoulder about not being an overfunded real estate play, which is what WeWork’s critics claim it is.

Unfortunately, there are no secrets for making an IPO painless. Every IPO is difficult, but there is one really good way to make an IPO less painful: listen to your auditors.

If it’s easier than ever to start a company, you might expect the number of new tech startups founded per year to be pretty high. Surprisingly, the data tells us a different story.

With all the potential positives, why is everyone hesitating to take their company public? There is only one place to look: venture capital.