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> Investors to afford a couple of yachts for each board member Board members generally hold stock and don’t receive large cash payments from the company. The b
by kortilla 2y ago
> Investors to afford a couple of yachts for each board member
Board members generally hold stock and don’t receive large cash payments from the company. The board represents the shareholders so there would be a massive conflict of interest if they made more money from the company in cash than from shares.
- lifeisstillgood 2y agoThe point I was making is that an irrational rise in your stock price is the perfect time to sell stock in order to capture that rise - it’s almost a fiduciary duty. So selling 100 million of inflated stock should give them the opportunity to fund a lot of marketing projects, focus on the underlying business - not to cut costs and hope to survive. Either you believe there is a world for real world shops in a market dominated by Steam or you give the keys to the stores back.