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A comment on Silicon Valley’s ‘unicorns’ have regulators worried.

Re:Silicon Valley’s ‘unicorns’ have regulators worried by wrong_variable on Saturday April 02, 2016 @03:58PM (#11413104)
> these tech start-ups are missing out on the market discipline public companies receive by being accountable to the whims of public shareholder

Wow, you mean the type of accountability faced by GM, Ford, Exxon Mobile . . .

how can this man say that with a straight face ?

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Re:Silicon Valley’s ‘unicorns’ have regulators worried by saryant on Saturday April 02, 2016 @07:23PM (#11414077)
Enron's accounting fraud was only discovered because they're a public company and forced to disclose those records. Once someone actually looked at what Enron was up to, the shorts took over and hammered them until they folded. Only then did regulators actually take a look.

By being a public company, Enron couldn't hide its fraud. I have concerns about the lack of similar checks on unicorns.

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Re:Silicon Valley’s ‘unicorns’ have regulators worried by ihsw on Saturday April 02, 2016 @06:53PM (#11413948)
He's paid to say it.
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