You wouldn't see anything like that at, say, Theranos, or (to a lesser degree) at WeWork, which was about to be a superhot IPO a few weeks ago and is now strugg

You wouldn't see anything like that at, say, Theranos, or (to a lesser degree) at WeWork, which was about to be a superhot IPO a few weeks ago and is now struggling to survive. Defrauding investors in an IPO is still defrauding investors.