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Profit? Investors want a return, they don't really care about power (more or less). If you can get 10% over 3-5 years who cares.
by ProAm 10y ago
Profit? Investors want a return, they don't really care about power (more or less). If you can get 10% over 3-5 years who cares.
- nihonde 10y agoInvestors who care about returns care about voting power. It's pretty obvious why. The fact that Snap unloaded despite their totally asymmetrical voting structure supports the conclusion that Snap's new "owners" didn't deserve a vote in the first place. Time will tell whether their gamble will pay off.