3 ms·
It's a shame a comment this logical and reasonable would get downvoted so hard. If you don't like how a company operates, don't support that company. If you're
by kdamken 10y ago
It's a shame a comment this logical and reasonable would get downvoted so hard.
If you don't like how a company operates, don't support that company. If you're heavily invested in that company, sell your shares and invest in a company that aligns more with your values.
These days everyone wants to go on a crusade for every single issue that comes up. They forget you have no real control or influence over what other people/entities do, you can only control what you do.
- bradleyjg 10y agoWhy should an owner walk away if he is unhappy with some aspect of management instead of trying to change it?
- kisstheblade 10y agoAs I said, "unless they do something about this that he can agree with (like fire the CEO". There are no calls for action in his sad whiny blog post. Do you think travis is in any way affected by some polite words in a blog?
- mejari 10y agoI mean, right off the bat it fundamentally misunderstands an investor's ability to just "pull" an investment, so I wouldn't consider the comment logical or reasonable.
- sib 10y agoYou do realize that Uber is a private company and shareholders can't just "sell [their] shares," right? They most likely need board approval, from a board that is likely still controlled by the CEO.
- dreamfactory2 10y agohttps://en.wikipedia.org/wiki/Activist_shareholder https://en.wikipedia.org/wiki/Activist_shareholder
- kisstheblade 10y agoOk so I have been downwoted for "not understanding" that he just can't pull his investment. Of course I understand that. But if you are a billionaire then you can do what you want. Put pressure on the board and threaten with lawsuits or something, in effect "pulling" your investment and support. I mean nowhere in mitch's post do I see any concrete action he is going to take. Typical, not ready to do anything that could maybe cost him.