> illegal to lie to investors Unfortunately, in practice it's only illegal if they can prove you lied on purpose As for your other point, hype feeds into othe

> illegal to lie to investors Unfortunately, in practice it's only illegal if they can prove you lied on purpose As for your other point, hype feeds into other financial incentives like acquiring customers, not just stocks. Stocks was just the example I reached for. You're right it's not the best example for private companies. That's my bad