3 ms·
A majority shareholder in a company isn't allowed to take all the assets even though they have the votes. The minority does have rights. Like, this is what the
by kryptiskt 4y ago
A majority shareholder in a company isn't allowed to take all the assets even though they have the votes. The minority does have rights. Like, this is what the eternally misunderstood fiduciary duty is about: the company isn't your personal piggie bank just because you're at the wheel.
- charcircuit 4y agoI think that's where the metaphor breaks down. A company is intended to make profit where a protocol's purpose is whatever the owners want it to be.