3 ms·
Good article. It's funny to me that HN readers simultaneously deride Groupon for shoddy financial reporting in its IPO yet cheer "crowdfunding" and the JOBS ac
by joedev 15y ago
Good article. It's funny to me that HN readers simultaneously deride Groupon for shoddy financial reporting in its IPO yet cheer "crowdfunding" and the JOBS act which removes any audited financial reporting requirement.
Which is it: do you want the true scoop before investing in an IPO or do you not? You can't have it both ways.
- joedevon 15y agoGood idea. Yes, can we have it both ways? Easy for startup companies to not deal w/ this nasty reporting yet make shysters illegal. Haha. P.S. great name you got there ;)