{"id":"749c0251a9709cd3624df0d247ed2aa5dc3e41236929c8462f2c6da6c5a7c28a","title":"Ed Zitron argues the JOBS Act helped inflate private startup valuations","argument":"Ed Zitron’s article was published October 16, 2026. He argues that the JOBS Act made it easier for companies to remain private by changing when they must report financial information, reducing pressure to go public as they grew.\n\nZitron contends that this shift helped venture capital firms raise startup valuations before IPOs, leaving public-market investors with less potential upside and more risk. He connects those incentives to high valuations for cashflow-negative AI companies and argues for reforms, or repeal, of the JOBS Act. These are Zitron’s arguments, not established findings in the supplied text.\n\nThe article cites the earlier Section 12(g) reporting rule and Facebook’s decision to go public as context for its case. 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