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> I know that the people buying $FB do it aware of the stock's limited power, but I don't understand why this is allowed to perpetuate. People buying FB stock
by hello_moto 7y ago
> I know that the people buying $FB do it aware of the stock's limited power, but I don't understand why this is allowed to perpetuate.
People buying FB stock just want good returns unless you're like some sort of people who like controls.
> With great power comes great responsibility. Unless you're the CEO of a large tech company.
This is interesting. I don't know how many times I've seen people in HN always try to push the narratives of "Founders must be from Engineering background with solid/smart tech-skills and they must rule the company not the VC!!".
So far those founders/CEOs with Engineering background (or hackers background) eventually decided that they have too much power to not use it at their will :) (Google founders have multiple sex scandals using their power to get what they want, Facebook with the whole privacy stuff).
Such is life...