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> (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
by 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?