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There isn't any particularly good reason to trust the old management over the new management. It's always been unaccountable billionaires.
by pie_flavor 5y ago
There isn't any particularly good reason to trust the old management over the new management. It's always been unaccountable billionaires.
- KerrAvon 5y agoDepends on what you mean by "trust." A public company has more accountability in various ways than a private one.
- jawarner 5y agoThat’s interesting. I’ve always figured it’s the opposite, since a public company is beholden to fiduciary duty. Would you like to elaborate?
- deleted 5y ago[deleted]
- ChrisLomont 5y ago"Public" only adds accountability benefits for protecting public investors to ensure they're not robbed. There's little more accountability benefiting any other outsider.