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Comment by bob33212 | Hacker News Reader

Creating a successful business is hard enough. The last thing you need is someone trying to make the case that you are going to fail at every turn. It is one thing to point out fraud like Theranos and NKLA, it is another thing to kick someone when they are down especially if your attack pushed the company into bankruptcy.

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That comes with the territory of entering public markets though. If you don;t want to handle that kind of scrutiny, stay private and raise private equity or aim for a slower growth rate you can fund. Short sellers are good for the nature of the market they participate in.

> Creating a successful business is hard enough. The last thing you need is someone trying to make the case that you are going to fail at every turn.

Funny how the business gets all the sympathy, here. Meanwhile, the stockholders--i.e. all of us--get screwed if a fraudulent company doesn't get exposed.

If a company goes public, the public has every right to scrutinize it and ensure they're above board. Short sellers play a critical role in providing that kind of scrutiny.

Companies can profit through abuse of an information imbalance. The short sellers have an economic incentive to look behind the curtain and find these abuses. They can provide a service to the market or,they can act unethically and put out false information.

>The last thing you need is someone trying to make the case that you are going to fail at every turn.

Isn't that called your mom for deciding not to become a doctor?

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