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I don't get it. What does this gain over just releasing it themselves? Are you limited in how often you are able to release financial statements?
by FLUX-YOU 11y ago
I don't get it. What does this gain over just releasing it themselves? Are you limited in how often you are able to release financial statements?
- billmalarky 11y agoWell for starters "leaks" are a hell of a lot more interesting than financial statements regarding generating buzz.
- auganov 11y agoOne could argue a "leak" creates more buzz? A bigger sense of momentum and out-performance? Also they'd face less scrutiny if the there's some creativity in the numbers. "It's just an internal document, you can't blame us". I could also think of a scenario where there's some internal conflict and somebody wanted to get the numbers released. Tho ofc it wouldn't be "in PostMates' best interest" anymore perhaps.
- mathattack 11y agoPrivate companies generally prefer to keep their financial statements secret. If your default policy isn't "we never share" then people will assume the worst unless you share. "Leaking" gets around that. Also, if a company is doing much better than expected, they don't want their competitors to see their margins.