4 ms·
>17% of stocks != 17% of voting rights Stock classes are the biggest robbery of modern times.
by KptMarchewa 4y ago
>17% of stocks != 17% of voting rights
Stock classes are the biggest robbery of modern times.
- lotsofpulp 4y agohttps://www.merriam-webster.com/dictionary/robbery https://www.merriam-webster.com/dictionary/robbery > larceny from the person or presence of another by violence or threat How does Facebook’s share offering meet the definition of robbery? That Zuckerberg was selling a product with such high demand and so little supply that he was able to sell at a very high price does not qualify as Zuckerberg robbing others. It is not even bread for a starving person, it is equity to chase returns.
- texaslonghorn5 4y agoIt seemed obvious to me that robbery was being used in the colloquial sense (rip off)
- ahtihn 4y agoIt's not like people aren't aware of stock classes when they buy it.