this post was submitted on 07 Apr 2024
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I was just gonna say don't let shareholders form a board. Sometimes companies need money for investment, but there's literally nothing that states they have to give investors any kind of control. Can you imagine letting some nub who inherited dad's money at 22 to come in and tell you that he doesn't give a fuck about your company, he just wants another 1% profit? Why would you let any of these toxic fucks near your brainchild?
When every company is a democracy you might have a point, but until then you're talking about eliminating the one oversight management has.