Inkblot: Evernote CEO Phil Libin

By Mark Milian - 2013-06-19T00:41:52Z

Photograph by Scott Eells/Bloomberg 

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'Moral Obligation'

Evernote plans to hold off on an initial public offering until at least 2015, Libin told me last year. There are many reasons for the company to eventually go public. Employees and investors should reap their windfalls for betting on a young, unproven company, he has said.

More important, though, is for users of the service to be able to invest, he said. 

"If we're going to be asking our users to entrust us with their lifetime memories, we should allow anyone who wants to be an owner to be an owner."