Quotes On Transparency

More information is always better than less. When people know the reason things are happening, even if it's bad news, they can adjust their expectations and react accordingly. Keeping people in the dark only serves to stir negative emotions.

Startups often want to control the timing of their financing announcement and prefer not to reveal amounts raised for competitive reasons. If more of the Form D information was confidential rather than public, compliance rates would jump dramatically.

Any fact that needs to be disclosed should be put out now or as quickly as possible, because otherwise the bleeding will not end.

A lack of transparency results in distrust and a deep sense of insecurity.

If it stands the test of public scrutiny, do it. If it doesn’t stand the test of public scrutiny, then don’t do it.