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Actually, it's more like a nice shiney bank which gives a huge interest rate on your deposits, but you go to the bank and the doors are locked, and you can't ge
by OnlineCourage 10y ago
Actually, it's more like a nice shiney bank which gives a huge interest rate on your deposits, but you go to the bank and the doors are locked, and you can't get in to make a deposit...but you can kind of see opaquely through the window that there are a lot of amazing bankers in there making tons of money, but they won't look at your or acknowledge you, because they are too busy making money on the money they already have.
- HappyTypist 10y agoYou can thank regulation for that.
- Twirrim 10y ago... what?
- aianus 10y agoI assume he's referring to the reporting requirements for public companies. Without those regulations more companies would go public. (Of course, without the reporting requirements they probably wouldn't IPO for as much as every offering would need a bigger 'possible fraud' discount)
- theseatoms 10y ago> (Of course, without the reporting requirements they probably wouldn't IPO for as much as every offering would need a bigger 'possible fraud' discount) So it follows that companies would voluntarily report, as to obtain a higher IPO price.
- aianus 10y agoSure, but then what's to stop them from ceasing to report 6 months later when the lockup period expires and the insiders cash out?
- nevir 10y agoYou also gave them money, in that analogy
- rattray 10y agoThat's only true if Dropbox is really growing revenues at a fast pace. If they're growing revenues at a slow pace – or have a low profit margin – it's more like looking in through an opaque window at bankers doing less with your money than other bankers could. You'd much rather withdraw that money and invest it nextdoor.