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What’s the minimum information to give your investors?

Berkonomics

Every investor wants regular information from companies taking their money. On the other side, entrepreneurs and CEO’s usually have a natural fear of giving too much information to us investors after the initial investment is received. How much financial information must our companies give?

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Mercedes-Benz app glitch exposed car owners’ information to other users

TechCrunch LA

Mercedes-Benz car owners have said that the app they used to remotely locate, unlock and start their cars was displaying other people’s account and vehicle information. One Seattle-based car owner told TechCrunch that their app pulled in information from several other accounts.

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Pharaoh Information Systems Acquired by Hyphen Solutions

socalTECH

Irvine-based Pharaoh Information Services , a developer of residential construction-related software, has been acquired by Hyphen Solutions , a developer of cloud-based construction management software. Financial terms of the acquisition were not disclosed.

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Why You Don’t Want to Give Financial Information to All of Your Investors

Both Sides of the Table

I have blogged about some of the downside consequences of the changes and the private information I have says the consequences are much worse than is reported in the press since few people publicly talk about. There’s another issue I can add to your list of things to be aware of – information rights. You betcha.

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Ingram Micro On The Block, Says Report

socalTECH

Irvine-based technology distributor Ingram Micro is reportedly on the block, with current Chinese owner HNA Group looking to sell Ingram Micro for around $7 billion, according to a report. Private equity investor Platinum Equity in advanced talks with HNA Group, per the report. READ MORE>>.

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Report: Snap Launches Investigation Into Racism, Sexism

socalTECH

has reportedly launched an investigation into accusations of racism and sexism in the company, according to a report from the Business Insider. The investigations are allegedly over "whitewashing" within Snap, and disparagement of Block representation in media, according to the report. Venice, California-based Snap Inc.

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Do you really need an accountant?

Berkonomics

[Email readers, continue here…] Many early-stage founders and CEOs believe they can delegate design and creation of metrics, flash reports, analytical reports and more from their bookkeepers. And at some early stages, a bookkeeper can prepare such information. The lesson here is twofold.

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