4 ms·
For an IPO, expect to see the company redoing the entire finance system - public companies have very strict reporting requirements that startups don't implement
by idunno246 9y ago
For an IPO, expect to see the company redoing the entire finance system - public companies have very strict reporting requirements that startups don't implement. Also, if they start withholding more information, there's a lot of things that you can't announce as a public company(or becoming one). Of course, that could be the opposite and the numbers are so bad they wont talk about them. One last thing is auditors could indicate either - due diligence in an acquisition, or prepping for an IPO.
In terms of raw numbers, there's not as clear a thing - I've been in companies that were acquired for doing really well, and others that might not have been able to pay payroll in a month.
- yuhong 9y agoI have been thinking about the GitLab IPO for a while now. GitLab is not in Canada and it might be years before they IPO, but one thing I dislike is the CSA's position that is more strict than SEC: https://www.theglobeandmail.com/report-on-business/social-media-cant-be-first-stop-when-canadian-companies-release-big-news-regulators/article34247700/ https://www.theglobeandmail.com/report-on-business/social-me...
- sytse 9y agoWe plan to IPO in 2020 https://about.gitlab.com/strategy/#sequence https://about.gitlab.com/strategy/#sequence