Reply to post: Re: the harsh reality of Wall Street

What's that? Uber isn't actually worth $82bn? Reverse-gear IPO shows the gig (economy) is up

Anonymous Coward
Anonymous Coward

Re: the harsh reality of Wall Street

"they have to file accurate 10-K reports and provide properly audited books for inspection."

Did that apply to (e.g.) HP too?

It doesn't generally apply to global corporates like Uber though does it, presumably because they're "disruptive" [edit: I can't see why it doesn't really apply, can you?]

It didn't really seem to apply to e.g. the global corporate coffee bar franchisers, who were happily telling the USA that the UK was a profitable market for them, while simultaneously telling the authorities in the UK and EU that they weren't making any money in the UK and EU, and therefore shouldn't be paying any tax in the UK and EU.

Muppets rule. And meerkats.

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