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Part of the reason a company stays private is to have more control over the release of financial information. Why would a company that values privacy choose to
by coke12 11y ago
Part of the reason a company stays private is to have more control over the release of financial information. Why would a company that values privacy choose to do business with a firm (a16z) that it can't trust?
- jsprogrammer 11y agoThat doesn't give a motivation for the secrecy. I don't know why someone would or would not do business with a16z. Was a particular contact breached here? I don't remember reading such an allegation, but I may have missed it.
- coke12 11y agoPrivacy is a reasonable thing to expect in basically all business transactions, regardless of whether it's listed specifically in a contract. Firms that want to maintain good relations with the startup community want to be seen as trustworthy.
- jsprogrammer 11y agoI'm reading lots of justification, but no reason for why the secrecy is desired.
- oldmanjay 11y agoCompetitive advantage is the reason for secrecy.
- jsprogrammer 11y agoInteresting. Do you know of any ways to compute the competitive advantage of holding a given secret?