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Saturday, April 13, 2024 10:52:28 PM
There are other factors in play here. Let's imagine Bjarne agreed to this newsletter hypothetically speaking. You'd be constantly exposing the CEO to legal entanglement in anything and everything he says in this newsletter.
Therefore not only does he regularly run the risk of exposing company secrets or intellectual property. But an investor could sue him in breach of (insert your situation). So there is a very thin line he must trapeze every week and also you're taking him away from his main focus which is to build the company. You'll notice he used the word onerous when he described the difficulties of satisfying NYSE . The newsletter itself could easily become quite onerous as well. There are simply some weeks when there is nothing to say there's nothing to report and that could expose other investors. It could bore investors instead of keeping them interested as well.
Most crucially you're probably forcing him (hypothetically) into using a lawyer for every newsletter to make certain he isn't exposing the company's intellectual property. In this respect your idea could fiscally break the company LOL! Lawyers don't come cheap! I hope you see what I mean , in startup companies cash is KING. There's very precious little of it , so to waste it on acknowledging investor curiosity just isn't productive enough as compared to building the company.
"Loose lips sink ships" 🤔
Recent SONX News
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