The word "startup" should not serve as a general-purpose "get out of responsibility free" card. The level of organization and internal controls a company needs

The word "startup" should not serve as a general-purpose "get out of responsibility free" card. The level of organization and internal controls a company needs is a function of what it’s doing and, to a lesser extent, how big it is. The age of the company is not a factor. Financial exchanges, in particular, have particularly strict fiduciary obligations that come into effect the day they start operations.