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That's pretty expected. I don't have too much sympathy for the investors here. To a certain extent, investors are the ones who are creating an incentive for co
by cj 3y ago
That's pretty expected. I don't have too much sympathy for the investors here.
To a certain extent, investors are the ones who are creating an incentive for companies to stay private for longer by funding gigantic late stage rounds rather than having the company simply go public.
Private companies don't need to share info. Public ones do.
- alexsereno 3y agoPrivate companies still have fiduciary responsibility, but yes you’re totally correct about the private-for-longer incentive. So many paper only unicorns the public market isn’t accepting anymore