I am however interested in what people feel the benefits are to the companies who decide to operate in this manner?
I am however interested in what people feel the benefits are to the companies who decide to operate in this manner?
The honest answer is that when we asked ourselves the true downsides of people outside our company knowing our numbers, we couldn't really think of any that were actually that detrimental. Sure, potential investors or acquirers are now going to know how we're doing, but they'd find that out in due diligence anyways.
The thinking for why we made the decision to share is that it helps us with marketing because people want to follow along with our story. It also holds us more accountable because we're building in the open, similar to a public company. We get a lot of people who reach out that want to work for us or partner with us because we share so much. Happy to answer more questions if folks are interested.