Founder Views

Should your financials be transparent?!

Informações:

Sinopsis

There are a growing number of tech companies that are choosing to be fully transparent with their financial metrics. Some of the bigger names like Convertkit, Buffer and Hubspot, are all publicly disclosing every financial detail for the world to see. There are hundreds, if not thousands, of other companies following this open data movement. From an observer’s perspective, it’s pretty awesome to be able to see how private companies are performing, compare numbers, and analyze data. It’s also great for startups or entrepreneurs to see that information and be able to set realistic benchmarks and goals across industry-specific data. In fact, it’s because of these transparent companies that helped inspire me to start a blog and podcast talking about my journey. I think it’s truly great to share your experiences with your community and even better for the overall business ecosystem. It would be a shame to keep in all of your experiences and unique insights bottled in. It’s great karma, and a true win-win for every