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I believe they are planning on creating a holding company whose only business function is holding private Tesla stock. This makes it easy to crate a prospectus
by wampwamp 8y ago
I believe they are planning on creating a holding company whose only business function is holding private Tesla stock. This makes it easy to crate a prospectus so that non-accredited investors can participate.
- naveen99 8y agoi wonder if companies will start doing this right from their ipo, and just list the holding companies instead of the whole company.