Disclosing the Undisclosed: A Look at 2017 Undisclosed Funding Rounds
So why should a startup choose to not disclose the details of its funding round? Quora has a few theories. Summed up below.
According to , there are two main reasons really. One. The startup is somewhat well-funded and doesn’t want to announce the round amount to prevent competitors from jumping in. Two. The undisclosed acquisition price is low.
And then there’s David S. Rose‘s philosophy that states that no one should be expected to publicly reveal anything.