4 ms·
This is not true.
by zackattack 17y ago
This is not true.
- spc476 17y agoWhat isn't true? That Microsoft had to go public because of the law? That Google had to go public because of the law?
- zackattack 17y agoSigh. Having to publicly share information with the SEC is different from "going public", which implies an IPO/listing on a major stock exchange.
- gaius 17y agoThere's no upside to jumping through the SEC's hoops if you're not public. It is literally paperwork just for the sake of it.
- zackattack 17y agoUm, no, it's paperwork for the sake of SEC compliance
- gaius 17y agoSEC compliance has value for a public company; it reassures investors. It has no value for a private company.