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[H]aving numbers publicly available would complicate [taking investment money in the future]. I don't understand why having publicly available numbers would
by gknoy 12y ago
[H]aving numbers publicly available would complicate
[taking investment money in the future].
I don't understand why having publicly available numbers would complicate getting investment in the future. Would someone be gracious enough to explain that to me as if I have no knowledge (true in this case)?
- hayksaakian 12y agoInformation is leverage in any negotiation. Patrick basically has all his cards on the table, and can't give much more than that
- clarky07 12y agowhile true, is there someone in venture capital that isn't getting the numbers contained in this post before giving people money? revenue, profit, expenses, etc seems pretty basic. I can't imagine investing in a company without asking, hey, how much money did you make last year?
- NhanH 12y agoI can't speak for patio11, but basically, having publicly available numbers reduce your choice: if it wasn't available, you can give it out as you want to. There is no choice to take the number back