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It sounds like you didn't even skim the article... Here's a portion of the opening introduction: > Over the next 10 days, 12 of his friends and acquaintances b
by jonknee 13y ago
It sounds like you didn't even skim the article... Here's a portion of the opening introduction:
> Over the next 10 days, 12 of his friends and acquaintances bought 929 shares, and Merrill ended up with a handful of extra cash. He kept the remaining 99.1 percent of himself but promised that his shares would be nonvoting: He’d let his new stockholders decide what he should do with his life.
He cares because he's a non-voting shareholder and the shareholders care because they are his friends and family.
- cosmie 13y ago>He cares because he's a non-voting shareholder and the shareholders care because they are his friends and family. His original shareholders were friends and family, however after it/he took off online and an exchange was built, a large portion of his voting shares are now owned by internet strangers.