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there's the potential to enrich the public without the shareholders being measurably worse off Right now the shareholders collectively own something worth 10 b
by harryh 10y ago
there's the potential to enrich the public without the shareholders being measurably worse off
Right now the shareholders collectively own something worth 10 billion dollars. That's quite a bit of money. Giving it away to the users would make them measurably worse off.
- rch 10y agoIt's not given away, it's purchased. The shareholders just need to agree to equitable terms. New Belgium was advised by Eureka Capital Markets, a middle market investment-banking firm: http://www.newbelgium.com/community/Blog/new-belgium-brewing/2013/01/16/We-are-100-Employee-Owned http://www.newbelgium.com/community/Blog/new-belgium-brewing...
- bdonlan 10y agoPurchased by who? With what money? There's no way they'll get twitter users, collectively, to pay enough to buy out the existing investors.