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arrty88
on Nov 14, 2018
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Snap Says DOJ and SEC Are Investigating IPO Disclo...
If they thought snaps IPO was bad, what about Ben Horowitz's loud cloud IPO?
jannes
on Nov 14, 2018
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How is that relevant?
arrty88
on Nov 14, 2018
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We’re talking about not disclosing important info at the time of IPO. Loudcloud was weeks from not being able to make payroll as they incorrectly stated cash designated for lease payments as free cash.
My point is the SEC only punishes selectively.
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