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Companies usually start to think and prep about IPOs 2 ~ 3 years out. The actual IPO process takes 6 ~ 9 months. People have crammed the process into just 3 mon

Companies usually start to think and prep about IPOs 2 ~ 3 years out. The actual IPO process takes 6 ~ 9 months. People have crammed the process into just 3 months! I built a tool [1] to help startups assess IPO readiness. It's kinda fun to run it against your own employer. [1] https://ipo-ready.com/ https://ipo-ready.com/

gberger 8y ago
What's the privacy policy on your tool? The data that I enter, do you have access to it?
- rayshan 8y ago
  Not at all, but you're welcome to share the results with us and get additional help / advice. I won't sell you on how seriously we take security and privacy. I built IPO Ready with IPO lawyers and let's just say they don't mess around. Details are in the Terms of Use in the footer.
  - nihonde 8y ago
    IAAL. It’s odd that Orrick doesnt mention how the data submitted will be handled. It’s not addressed in the Terms of Use, and there doesn’t seem to be any privacy policy. Also, the fact that you side-stepped a very straightforward question (“What will you do with my data?”) by citing the bona fides of your lawyers is a red flag. Just saying...
    - estsauver 8y ago
      I mean, Orrick's name is generally enough for me. They're our lawyers, and talking with any of their partners is like talking with the best engineer you've ever worked with. They just pull apart whatever they're working with. I mean, who knows, but their reputation is worth so much more than a privacy policy that it's actually enough for me.
      - nihonde 8y ago
        As a former BigLaw lawyer, I find this attitude very misguided and mildly depressing. I’ve worked with good lawyers and bad at firms with big brand names. As firms consolidate further into thousands of lawyers under one name, the variable quality of their advice only increases. Anyway, even a junior attorney should know that answering the question “what will we do with your data?” is table stakes for putting a form online, especially one that is soliciting your private business information. (Edited to clarify that even where privacy policy is not required, you still should tell people what you’re going to do with their submissions.)
      - rayshan 8y ago
        Thanks, we like Orrick too! They're very founder-friendly. Talking about engineering, see my other comment about how no IPO readiness assessment input data is sent to our servers.
    - rayshan 8y ago
      Fair point. Here's exactly what happens to your data - all your IPO readiness assessment input is stored locally on your computer, and not transmitted to our servers. You can verify this by looking at the app's network activities. Optionally, you can share your assessment with us for additional help. Happy to chat more - ray at ltse.com.

gberger 8y ago

What's the privacy policy on your tool? The data that I enter, do you have access to it?

rayshan 8y ago
Not at all, but you're welcome to share the results with us and get additional help / advice. I won't sell you on how seriously we take security and privacy. I built IPO Ready with IPO lawyers and let's just say they don't mess around. Details are in the Terms of Use in the footer.
- nihonde 8y ago
  IAAL. It’s odd that Orrick doesnt mention how the data submitted will be handled. It’s not addressed in the Terms of Use, and there doesn’t seem to be any privacy policy. Also, the fact that you side-stepped a very straightforward question (“What will you do with my data?”) by citing the bona fides of your lawyers is a red flag. Just saying...
  - estsauver 8y ago
    I mean, Orrick's name is generally enough for me. They're our lawyers, and talking with any of their partners is like talking with the best engineer you've ever worked with. They just pull apart whatever they're working with. I mean, who knows, but their reputation is worth so much more than a privacy policy that it's actually enough for me.
    - nihonde 8y ago
      As a former BigLaw lawyer, I find this attitude very misguided and mildly depressing. I’ve worked with good lawyers and bad at firms with big brand names. As firms consolidate further into thousands of lawyers under one name, the variable quality of their advice only increases. Anyway, even a junior attorney should know that answering the question “what will we do with your data?” is table stakes for putting a form online, especially one that is soliciting your private business information. (Edited to clarify that even where privacy policy is not required, you still should tell people what you’re going to do with their submissions.)
    - rayshan 8y ago
      Thanks, we like Orrick too! They're very founder-friendly. Talking about engineering, see my other comment about how no IPO readiness assessment input data is sent to our servers.
  - rayshan 8y ago
    Fair point. Here's exactly what happens to your data - all your IPO readiness assessment input is stored locally on your computer, and not transmitted to our servers. You can verify this by looking at the app's network activities. Optionally, you can share your assessment with us for additional help. Happy to chat more - ray at ltse.com.