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>how is innovation supposed to thrive in an environment where a "miscalculated talk" is enough to halt a $37b IPO? Fwiw that can happen in the US too. If a co
by SkyMarshal 6y ago
>how is innovation supposed to thrive in an environment where a "miscalculated talk" is enough to halt a $37b IPO?
Fwiw that can happen in the US too. If a corporate exec says something unwise during the pre-IPO quiet period, the IPO can potentially be scrapped.
And there other consequences to unwise public statements, like when Elon Musk publicly claimed he had a major new deal, which moved markets and then turned out to be a lie. He got bitch-slapped by the SEC for that.