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Bezos does not own Amazon. Neither does Musk own Tesla. I would say Zuckerberg does own Facebook due to his majority control of votes.
by colinmhayes 5y ago
Bezos does not own Amazon. Neither does Musk own Tesla. I would say Zuckerberg does own Facebook due to his majority control of votes.
- throwawaylinux 5y agoVoting is not ownership though so why would you say that of Zuckerberg?
- OkayPhysicist 5y agoThat kinda pushes you into the absurdity of the situation, actually. What is ownership, if not control? To own something is to control it, and to control something is to own it. Possession, control, and power are much more fundamental concepts than an illusiory idea of ownership sold to you by the finance industry.
- throwawaylinux 5y agoI think you're overthinking it. The concepts of ownership and control are pretty well separated. It happens all the time. In leasing, for example, or silent partnership agreements. There's nothing illusory about it, the definitions about what you can do with Facebook voting and non-voting shares would be quite rigorously defined.