3 ms·
What isn't true? That Microsoft had to go public because of the law? That Google had to go public because of the law?
by spc476 17y ago
What 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.