3 ms·
it's not a question of laziness but comparing plans gets into hazy areas (how do you evaluate one plan vs. the other) whereas hard numbers are easier to compare
by tristan_louis 15y ago
it's not a question of laziness but comparing plans gets into hazy areas (how do you evaluate one plan vs. the other) whereas hard numbers are easier to compare and really non-negotiable.
In either case, the companies went public because it made no more sense for them to stay private (due to legal requirements, they would have to do the same type of filings as private or public companies) so rationale for doing the IPO is just that. How they put it in their filing is just after the fact rationalization to justify giving the investors a financial exit.