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Companies would still be able to accumulate money, and moonshots could still be pursued under corporate control. People would pursue billion dollar ideas in ord
by archagon 10y ago
Companies would still be able to accumulate money, and moonshots could still be pursued under corporate control. People would pursue billion dollar ideas in order to strengthen the companies they created rather than to enrich themselves.
- rohit89 10y agoThey can already do it now and they aren't. If you have to convince the board, the shareholders etc to take on a risk that has a high chance of failure, it has even less chance of happening. If a person has enough control at a company so as to be able to unilaterally spend its money, its not much different than having the money yourself.