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What you are drafting is the difference between private ownership (ie the company is owned by current a former employees who have an incentive to keep a watchfu
by MarkPNeyer 4y ago
What you are drafting is the difference between private ownership (ie the company is owned by current a former employees who have an incentive to keep a watchful eye for long term risks) and public ownership (ie the company is owned by anyone who either buys a share or has money with a fund manager who buys the shares), where no single person has any long term incentives.