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Sigh. Having to publicly share information with the SEC is different from "going public", which implies an IPO/listing on a major stock exchange.
by zackattack 17y ago
Sigh. 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.