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If we're exploring the space of "they're lying" isn't a simpler explanation be that they're lying about their revenue?
by willis936 1y ago
If we're exploring the space of "they're lying" isn't a simpler explanation be that they're lying about their revenue?
- pc86 1y agoThe consequences for lying about revenue as a public company are many orders of magnitude worse than lying about compliance with some private contract or TOS.
- PenguinCoder 1y agoMess with someone's personal privacy, non-issue. Mess with investors money, instant problem.. Money is more important than people, to these groups.
- pc86 1y agoGood luck arguing "defrauding the entire investment market to the tune of potentially billions of dollars and submitting fraudulent 10K form(s) under penalty of perjury" is not on its face worse than violating a private company's terms of service.
- cr125rider 1y agoNo. The SEC gets very grumpy with public companies if they do that.