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That's an argument for two companies to show ads on each other's platforms, but not an argument for the vastly inflated prices they were pretending to charge ea
by not2b 4y ago
That's an argument for two companies to show ads on each other's platforms, but not an argument for the vastly inflated prices they were pretending to charge each other. At least for public companies, regulators should crack down on that kind of thing.
- robertlagrant 4y agoPresumably this only affects top line revenue of each company.
- not2b 4y agoYes, but big artificial revenue growth coupled with equally big artificial expense growth can look like a growing company and hide the fact that non-bogus revenue is actually shrinking. I don't think sophisticated investors will be fooled by this, but with a public company many potential investors might be deceived.