The above example is related to venture capital accounting, but the foremost area of concern relates to publiccompanyreporting as that affects significantly more investors.
Once the startup agrees to the bid, it will become a publiccompany and will have to start reporting earnings and disclosing other details about its operations.
As has been the case in every reporting period since LinkedIn Corp. went public two years ago, both the company's first-quarter earnings and revenue topped the analyst estimates that steer Wall Street expectations.
Although there was a flurry of stories in mid-June, reporting that Sandberg had been meeting with investment bankers in preparation for taking Facebook public, two senior executives at the company flatly deny this.