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Right. Lying to users is one thing; growth must be prioritized or the business might fail so lying to customers is excusable. But, lying to honorable(i.e. wealt
by extralego 8y ago
Right. Lying to users is one thing; growth must be prioritized or the business might fail so lying to customers is excusable. But, lying to honorable(i.e. wealthy and charitable) investors is morally corrupt.
- tfehring 8y agoThe OP only mentions misleading investors, and my impression from the OP is that the clients themselves are getting the consulting services that they're being sold on.
- Tyrek 8y agowithout judging the original situation, misleading investors is bad. Customers know what they are getting and can accordingly choose to extend or cancel the existing business relationship. That's easy. Investors rely on management's communications to understand how their money is being used - If management is misrepresenting, how are the investors supposed to know if they should invest further in this company? Shit like this is the entire reason the SEC was founded.
- DoreenMichele 8y agoIt isn't reasonable to infer that my statement that lying to investors is fraud somehow means lying to customers is totes okay.