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How about Buyer Beware? There's nothing illegitimate about raising money without selling voting rights. You want voting rights, want to play active investor? B
by zxcvvcxz 8y ago
How about Buyer Beware?
There's nothing illegitimate about raising money without selling voting rights. You want voting rights, want to play active investor? Buy another stock.
- hendzen 8y agoYou want to raise money without voting rights? Sell bonds.
- umanwizard 8y agoSure, you can do that too. The comment you're replying to is arguing that all these options are legitimate, and buyers are adults who can buy something that matches their investment theses.
- deleted 8y ago[deleted]
- georgeecollins 8y agoThere are all sorts of rules you have to comply with to be listed on a public exchange. One of them used to be equal voting rights. I am fine with buyer beware, but it is really important to understand that "buyer beware" is not the philosophy that the NYSE / NASDAQ was built on.