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What can you do? Wall St has become incredibly efficient in “nudging” execs into doing what Wall St wants: by influencing the stock price, on which executive co
by pm90 6y ago
What can you do? Wall St has become incredibly efficient in “nudging” execs into doing what Wall St wants: by influencing the stock price, on which executive compensation is based. Only founders or execs who have more than just a financial interest in the company would buckle the trend.
I have thought about this a bit. Why doesn’t the Bay Area have it’s own stock market/index? It seems incredibly stupid to let financial control over all the innovation that’s happening in the Bay be in the hands of NYCs financial markets. To some extent VCs offer that alternative financial market that doesn’t exist but it’s only for startup funding and such.
- josephjrobison 6y agoHopefully Carta will be able to shake things up and help solve this? https://www.ft.com/content/d52b0487-b13c-4bae-bf27-770518ff083d https://www.ft.com/content/d52b0487-b13c-4bae-bf27-770518ff0... There is also LTSE by Eric Reis - https://www.vox.com/recode/2019/5/22/18629621/long-term-stock-exchange-explainer-capitalism-quarterly-earnings https://www.vox.com/recode/2019/5/22/18629621/long-term-stoc... Curious how this will play out.