4 ms·
Buying $8B in equity of a $160B company might get you a board seat (one of 8) but it’s not going to give you control over the company.
by refurb 3y ago
Buying $8B in equity of a $160B company might get you a board seat (one of 8) but it’s not going to give you control over the company.
- Nevermark 3y agoExactly And a seat on the board retains its fiduciary duty to the company. It doesn’t allow the government to usurp the company and its resources for its own ends at the expense of other shareholders