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It's actually a good thing, they can't be included in a lot of indexes because of that clause which means only people truly intent on setting fire to their cash
by Traster 7y ago
It's actually a good thing, they can't be included in a lot of indexes because of that clause which means only people truly intent on setting fire to their cash will ever buy the stock.
- tuyguntn 7y agoThis is dangerous in case of WeWork, since founder is leasing property to WeWork. Founder knows how much profit is company generating, he can increase rent prices and make WeWork zero profitable all the time, but his other company earns all profit, because he has >50% voting power, he might decide to stay with his own company even if he increases rent