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by alexfromapex 2293 days ago
Having worked for a strange startup with plenty of cronyism and nepotism, I honestly think there needs to be some kind of government oversight to make sure that executives aren't squandering investors' money or worse that the investors are in on some kind of shell company.
1 comments

The point of private investing is that the investors get to do that kind of oversight on their own. There's a whole world of public companies to work for, if you're looking for government oversight to double check the investors' work. (Although Pivotal seems to have been a public subsidiary for at least part of the author's story.)