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There are some things that we value as a public good that the markets can't deliver, like clean air.

When you go into public service, you understand you're trading something. You want to feel good about what you do, but you're not going to make what people in private sector make.

With a private company, you've got to get into who's investing and what's the balance sheet like. So going public is a positive thing from the perspective of the sales organization.

You have to have in mind what you want when you go public. It's not just an end in and of itself. Suddenly, you have investors to satisfy. Investors who want - who demand - a return.

One of the appeals of markets, as a public philosophy, is they seem to spare us the need to engage in public arguments about the meaning of goods. So markets seem to enable us to be non-judgmental about values. But I think that's a mistake.

There's not a whole lot of advantage for a company to be public.

Going public for the sake of going public is not really an optimal thing. You're going public because as a company you believe it is the right thing to do and it will benefit the ability of the company to achieve its long-term objectives.

I think good companies can navigate being public and doing the right things for their customers.

We see ourselves as first helping to open up markets to competition.

In order to work well, markets need a basic level of trust.