20 ms·
I'm worried -- and perhaps over-reacting here. To me, this leads to a question: "Why should a company go public at all?" The growing number and net worth of so
by Jupe 2y ago
I'm worried -- and perhaps over-reacting here. To me, this leads to a question: "Why should a company go public at all?"
The growing number and net worth of so many equity firms, as well as very, very wealthy individuals, seem to indicate that the value stream of public investment isn't _really_ needed at all. At least for the right product / market.
I mean, the hassles of public stock (of which there are many: filing constraints, very "impressionable" public opinion, entanglements with Wokeism vs. Conservatism, etc.)
Basically, my thought here is that "Billionaires breed billionaires." They do not, in any way, breed richer "masses" investing their 401Ks.