> VCs do not try to "own companies" they try to exit businesses at a gain.

They do both as they need many multiples to return the fund.

And it also sounds very predatory to me and not aligning with any startup's mission other than for the VCs to pressure Oxide to get acquired for over $20BN+ or go to the public markets.

Not even Hetzner did this. DigitalOcean could have followed Hetzner, but I guess VC money is very attractive and now DigitalOcean is now the slave of Wall St.

Going into deals with VCs and IPO'ing to Wall St. always leads to enshittification.