3 ms·
Give up control of the company to short-term minded public investors vs. losing access to passive funds? Seems like an easy choice. I believe Snap has what it
by sebleon 9y ago
Give up control of the company to short-term minded public investors vs. losing access to passive funds? Seems like an easy choice.
I believe Snap has what it takes to grow another 10x under its current leadership, while S&P could prop the stock up 20% without actually creating real value.
Glad Snap is going down this route.