2min chapter

LEVELS – A Whole New Level cover image

#131 - Building in public: Transparency, confidence, and ownership | CEO Sam Corcos & Mike DiDonato

LEVELS – A Whole New Level

CHAPTER

The Importance of Transparency in the Investment Industry

In the early days of transparency, when we put everything in these investor up dates, i would notice that when a particular functional unit had some numbers that weren't good, they would just try to not include them. This is start ups. Things are chaotic. If you hide information, it starts to erode your cred ity and trust the people who are in the audience. So everyone knows what's going on, whether it's good or bad, we have to include it. And if the investors are so juvenile that having a bad month has them throwing a fit, then you probably shouldn't be working with those people. Cin ot put a bow on this topic or on this story

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