Rezwan wrote: Thanks for bringing up this topic, Derek.
Our organization is idealistic in its emphasis on openness. This is good, but I’m not sure it’s practical.
A “pros and cons” chart would be good here.
STEALTH MODE
Pros:
.
One particular con, and what I was referring to upthread, is that you can’t easily undo the stealth mode if things go south and you need even more investment… especially if you’ve made statements regarding openess before going stealth.
Very bad PR move. And PR equals investors, PR equals money.
And potential investors will look at the flip-flop, or potential double flip and be leery of exactly what LPP is after. The current investors, especially the small-dollar ones, might not like the thought of being used as bait to lure the sharks in when the whole project might wind up eating everyone’s lunch with the next round of tests.
Given the stakes a lot of the more charitable explanations might have trouble gaining traction in that environment…