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Tech Startups Find Ways to Shield Key Information

By  |  June 27, 2017 7:01 AM PDT
Photo: Wilmington, Delaware. Photo by Getty Images.

Here is the latest innovation being pursued by some Silicon Valley startups: finding ways to disclose less information in their publicly filed company charters.

A small but growing number of private tech companies are asking lawyers to find ways to move information out of their founding documents, and away from the eyes of journalists and other members of the public, attorneys say. The information that private companies are required to reveal in these filings on matters such as share prices, investor protections and voting rights is far less than what public companies must report, making the details that are shared all the more prized.

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