Every S-1 in existence says that. Why people always share this excerpt when an S-1 is listed here in HN? Just look back at any S-1 post and there's always some

Every S-1 in existence says that. Why people always share this excerpt when an S-1 is listed here in HN? Just look back at any S-1 post and there's always somebody who shares it. Why? Do they really think they are illuminating someone else with the most boiler-plate phrase in the existence of S-1 filings?