These three startups were recently accused of misstating their financial information, highlighting how little such companies may have to disclose to their VC backers and other investors
Published
· Recent alleged financial misstatements at a trio of startups highlights the much lower reporting standards for private companies.
· Unlike public companies, private ones aren't required by law to have their results independently audited, and they aren't mandated to release quarterly or annual reports.
· What information...