Earlier quoted context omitted.
Because not everyone can or should IPO. Once you get to a certain point in size, your investors will start pushing for an exit (where you have two main options, IPO or sell).
What investors? As far as I know they were never VC funded. Affinity wasn’t a dinky startup, the parent company (Serif) was founded almost four decades ago.
GP made a broad statement, I was replying in general following suit.