4 ms·
To be fair the guy is ancient and Patagonia wasn't public, so he could only ever take out loans against the company, he couldn't actually turn his shares into c
by guywithahat 4y ago
To be fair the guy is ancient and Patagonia wasn't public, so he could only ever take out loans against the company, he couldn't actually turn his shares into cash. It's like owning 2 billion in real-estate on the moon
- yveezy 4y agoStill it's a laudable contribution! Let's not diminish it :)
- mattashii 4y ago> couldn't turn his shares into cash Isn't there this thing businesses do sometimes that's called "going public", where one puts their share of the ownership on the market for sale, in return for which they receive cash? Why would that not have been possible for this ancient guy too?