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Expanding operations can quickly turn into managerial empire building. Pumping more capital into a business may or may not yield proportionate returns. If the
by unmole 6y ago
Expanding operations can quickly turn into managerial empire building. Pumping more capital into a business may or may not yield proportionate returns.
If the money is returned to shareholders, they are now free to deploy the capital how they see fit. This could be for personal consumption, investing in new companies or funding R&D. All of these are positive outcomes for society at large.
But I fail to see what positives can come from putting $425MM into a volatile and mostly speculative digital asset.