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It is controversial if you are a free market supremacist like myself and believe that the market should be setting any and all prices. Removing market inefficie
by symmetrist 3y ago
It is controversial if you are a free market supremacist like myself and believe that the market should be setting any and all prices. Removing market inefficiencies is what capitalism is all about and preventing the trading of pre-IPO shares seems like a very glaring inefficiency for setting the actual price of Linear.
- jedberg 3y agoI never said anything about preventing the trading. I said Carta should not steal information to set the price. Even a free market supremacist should understand the moral hazard of using stolen information to set prices.
- symmetrist 3y ago[dead]
- jedberg 3y agoIF you tell your doctor about how you can't get an erection should they be allowed to sell your name to the company that makes Viagra? Do you think there is an expectation of privacy? Do you think that would have a chilling effect on going to the doctor if that were allowed? Carta is paid to store my data securely and privately. They broke that contract. Even Libertarianism demands that contracts be honored and enforced. Without contracts we don't have a system anymore.
- haltist 3y ago[dead]