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- cross-posted to:
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This post tightly fits what I want to see in this community. Anti-corporate sentiment and “good news” for non corporate entities.
This post tightly fits what I want to see in this community. Anti-corporate sentiment and “good news” for non corporate entities.
I do think that IPOs initially did what they say: gather money and allow a company to start up properly. Over the past 20 years, though, the system has been completely gamified and now it’s just a way for people to legally pump and dump, with only a few companies actually making something useful among all the mess.
I completely agree. Thats how I view it as well.
Elizabeth Holmes and SBF are surely good examples of this.
They’re both new to me. Feel free to link a source so everyone can read up. :)
My dear chap, please enjoy the following:
https://en.wikipedia.org/wiki/Elizabeth_Holmes#Downfall
https://en.wikipedia.org/wiki/Sam_Bankman-Fried#Bankruptcy_of_FTX
Both are now in extended jail terms for being horrible, entitled people who thought they deserved all the things.
Well, this was a fun read! I knew of these two just barely. Now I understand what you mean. Real sweethearts they are! A cold shower runs down my neck.