SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : SFLK -- Ignore unavailable to you. Want to Upgrade?


To: D. Noss who wrote (498)2/10/1999 3:03:00 PM
From: Eric Fader  Respond to of 1591
 
I've represented a number of public companies over the years and I can't see why a virtual startup needs Big 6 accounting to determine how much product they're selling. I'm not sure why you seem to be fixating on this point. If I were the CEO, I'd be perfectly comfortable relying on the company's own internal records, as interpreted by my marketing guy or controller. If I weren't comfortable, I'd sooner replace the untrustworthy employee than hire an expensive outside auditor just to add up sales figures.

Of course, they'll eventually need an audit for the NASDAQ application.