Nov. 2, 2017
Tips for startups to get ahead of corruption risk
The startup environment tends to be fast-paced and innovative, focused on achieving high growth and quick success. It's no surprise that compliance tends not to be a high priority for many startups.
Stacey Sprenkel
Partner
Morrison & Foerster LLP
Email: ssprenkel@mofo.com
Stacey is the head of the Litigation Department in the firm's San Francisco office.
Julie Nicholson
Associate
Morrison & Foerster LLP
Email: jnicholson@mofo.com
Julie is in the firm's San Francisco office.
VENTURE CAPITAL CORNER
The startup environment tends to be fast-paced and innovative, focused on achieving high growth and quick success. It's no surprise that compliance tends not to be a high priority for many startups. Yet the features of startups that are critical to success can also create an environment fraught with corruption risk because risk tolerance tends to be high and growth tends to outpace controls.
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