3 ms·
It's the consequence of having 'limited liability' for every company. People take advantage of those, and it start to define your business culture. I understan
by orwin 2y ago
It's the consequence of having 'limited liability' for every company. People take advantage of those, and it start to define your business culture.
I understand limited liability is useful when going public, but allowing it for private companies is imho a huge mistake, and just me regulated. Or rather, to please my anti regulation friends: the regulation that prevents debt owners to go after executive/capitalists who owe them should be lifted.