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I am not sure if this is a legitimate argument because you can apply the same logic to Uber and Tesla.
by solotronics 7y ago
I am not sure if this is a legitimate argument because you can apply the same logic to Uber and Tesla.
- greglindahl 7y agoUber and Tesla sold traditional securities to accredited investors, the same way that everyone else normally does.
- MagnumOpus 7y agoExcept that they confirmed to laws and SEC regs and Kik didn't? That makes all the difference...
- nostrademons 7y agoUber "conformed to laws" is rich considering HN commentary on that company over the last 8 years... (To be fair, the SEC is pretty much the one government agency that Uber did not piss off - it's just the IRS, FBI, DoJ, and almost every local government in America that they're in trouble with.)
- jeromegv 7y agoIt's not rich when we talk about the SEC here. Uber conformed to laws of the SEC. The other agencies are irrelevant to that discussion.
- TeMPOraL 7y agoUber deserves to be burned to the ground just for the legal shenanigans it played, but if in this case they were above the board, then it's fair to say so.
- deleted 7y ago[deleted]