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A comment on Hype and plunder: Domo a new low for self-indulgent IPOs. Parent comment

Re:Hype and plunder: Domo a new low for self-indulgent IPOs by madamelic on Tuesday June 05, 2018 @02:01PM (#17240334)
No.

What's the worst they could do? It's their company. Worst case the CEO runs it into the ground and everyone loses their money.

CEO =/= President of the United States.

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Re:Hype and plunder: Domo a new low for self-indulgent IPOs by s73v3r_ on Tuesday June 05, 2018 @02:04PM (#17240360)
And people lose their jobs, and get kicked out of their homes, etc.
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Re:Hype and plunder: Domo a new low for self-indulgent IPOs by rmdashrfroot on Tuesday June 05, 2018 @08:39PM (#17243465)
That is a old armchair argument made from those in an ivory tower.

If it was YOUR business, you would want to control your dream, your vision -- not a bunch of rich folks who could decide to kick you out from your dream if your main goal is not to _remain profitable to the shareholders_.

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Re:Hype and plunder: Domo a new low for self-indulgent IPOs by John23832 on Wednesday June 06, 2018 @05:17AM (#17245548)
Once you take investments, you are deciding to me be beholden to those rich folk.
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Re:Hype and plunder: Domo a new low for self-indulgent IPOs by paulddraper on Wednesday June 06, 2018 @09:16AM (#17246847)
Depends on the quantity and terms of investment.
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Re:Hype and plunder: Domo a new low for self-indulgent IPOs by Skunkleton on Tuesday June 05, 2018 @02:18PM (#17240519)
I'm not telling you that you shouldn't care about these things, but this is how American Capitalism works. Someone owns a thing, and does pretty much whatever they want with that thing.
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