The SEC is investigating the startup that bought its own vegan mayo
 

The SEC is investigating the startup that bought its own vegan mayo
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**te to startups: don't buy your own mayo.*

The Securities and Exchange Commission is reportedly investigating Hampton Creek, the potentially $1 billion company that was caught buying large quantities of the vegan mayonnaise it produces.*

Hampton Creek didn't disclose its purchases, a move that could make the company look more valuable than it really was.*

An SEC spokeswoman declined to comment. But according to Bloomberg, the SEC is trying to determine whether Hampton Creek "improperly recognized revenue from purchases made with company money."*

Hampton Creek was founded in 2011 as a food tech startup that used new plant-based proteins to reformulate everyday foods like mayonnaise and cookie dough.* Read more...

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