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Silicon Valley’s ‘unicorns’ have regulators worried

washingtonpost.com

11–20 of 59 posts

Re: Silicon Valley’s ‘unicorns’ have regulators worried

#13
Mark Cuban points out that the SEC should be issuing clear guidelines instead of vague threats[1].

>Cuban argued the SEC should make clear rules so private companies and investors know where they stand with regulators ... "The one thing that could make the whole thing go backwards instead of forward is uncertainty," he said.

[1] http://www.cnbc.com/2016/04/01/mark-cuban-heres-the-problem-...

Re: Silicon Valley’s ‘unicorns’ have regulators worried

#14

What natural right do these regulatory agencies (or group of thugs known as government) have to regulate free people who choose to associate freely? What they are doing is deeply immoral.

What "natural right" do people have to free association?

(hint: the answer is none, because there is no such thing as a "natural right")

Re: Silicon Valley’s ‘unicorns’ have regulators worried

#15
post #4

Regulator with power for regulating public companies warns of the grave danger in companies not being public. They could be escaping their benevolent oversight!

Bahaha yes. "White echoed the concerns of some industry insiders that these tech start-ups are missing out on the market discipline public companies receive by being accountable to the whims of public shareholder." Really? Being accountable to whims is a good thing?!!

It puts the fear of the markets and investors in the mind of the CEO and makes him or her work like a dog. As it should. There is definitely something to that. Don't meet analyst expectations and get burned. Yes that keeps you performing rather than doing your thing. At least in the short term it does some thing. In the long run we don't know how it rolls.

Re: Silicon Valley’s ‘unicorns’ have regulators worried

#16

This was a predictable effect of increased regulation of public companies, (SOX) etc, and awareness that a founder can move more strategically without being concerned with quarterlies and accountability to shared owners. Politically it's unsustainable. If we see a half dozen more unicorns with household names people will tie completely private ownership to concerns about inequality: no way for the average person to b…

VCs may be less concerned with the next quarter than public shareholders, but at some point there will be accountability, since they will want to get their money. That requires an IPO, generally, does it not? Or at least an acquisition by an even larger company.

Re: Silicon Valley’s ‘unicorns’ have regulators worried

#19

Why would I want to sell a company that I enjoy running to a bunch of people who want to turn it into cash? Public markets seem to be for people who want to take on some debt or are tired of being responsible for the future of their business.

Isn't that true for all forms of investment? Including VC?
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