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The ceo likely has more voting shares alone. The issue for a cashflow negative business is attracting new money.
by llmguy 1y ago
The ceo likely has more voting shares alone. The issue for a cashflow negative business is attracting new money.
- danjl 1y agoIt is exceedingly rare that voting shares play a role in any of these decisions. When you need cash to pay salaries, the decision lies in the hand of the stakeholder with the cash, not the shares.
- llmguy 1y agoLike I said, if the business is cashflow negative the issue is attracting new money. I think you’re going a little far with absolutes on your reply but it’s not really relevant anyway.