>but thanks to the IPO we will never have any insight into that. They have to make up numbers like that, or they lose money.
Do you really believe that private companies are more forth-coming with information than public companies? Do you read 10-Qs?
Being public makes a company accountable to shareholders for just such information. Withholding it, or worse fabricating it, isn't the status quo with a public company. It results in shareholder lawsuits.
Do you really believe that private companies are more forth-coming with information than public companies? Do you read 10-Qs?
Being public makes a company accountable to shareholders for just such information. Withholding it, or worse fabricating it, isn't the status quo with a public company. It results in shareholder lawsuits.