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At least they're honest! Maybe it's the sector I'm in, but I rarely see this kind of candor in my sub-field of technology...
by clock_tower 10y ago
At least they're honest! Maybe it's the sector I'm in, but I rarely see this kind of candor in my sub-field of technology...
- rjeli 10y agoThey are required by law to disclose this in SEC filings
- Game_Ender 10y agoI feel like S1 filings are always brutally honest like this. I believe it's a legal thing, they are afraid of future suits.
- clock_tower 10y agoI hadn't known this! I definitely need to start reading S-1 filings for companies I'm interested in; I'm still an amateur at a lot of this...
- ehaughee 10y agoSomeone correct me if I'm wrong, but aren't they legally required to disclose this kind of information? Couldn't it could be considered misleading investors otherwise?