To: BBell
Reggie Brown may have the last laugh. These two other founders are offering stock to the public but the only stockholders who will have any voting power are the two guys who will retain 100% control of the company.
Would you buy their stock without having any voting power? I sure would not. I suspect that even if it opens at the offering price, within a short time, the price per share will be in the toilet.
8 posted on
02/05/2017 4:55:28 PM PST by
CdMGuy
To: CdMGuy; rigelkentaurus
I remember a lot of people thought facebook would not go anywhere. Warren Buffett said Berkshire Hathaway would not be purchasing any facebook stock. Buffett said facebook, unlike Google, had no game plan. It was nothing more than a social network.
I still don't know how facebook makes money.
11 posted on
02/05/2017 5:14:40 PM PST by
BBell
(calm down and eat your sandwiches)
To: CdMGuy
Would you buy their stock without having any voting power?Absolutely Not!!!
12 posted on
02/05/2017 5:23:26 PM PST by
BBell
(calm down and eat your sandwiches)
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