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A comment on JPMorgan to trade shares of pre-IPO giants including SpaceX, Robinhood, Airbnb. Parent comment

Re:JPMorgan to trade shares of pre-IPO giants including Spac... by WanderPanda on Sunday September 13, 2020 @05:06AM (#24459507)
Is there a limit to a recursive structure of 51% holding companies? If not, one entity could hold all the decision making power without basically owning equity (in the limit)
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Re:JPMorgan to trade shares of pre-IPO giants including Spac... by strulovich on Sunday September 13, 2020 @09:06AM (#24460594)
That problem exists. For example, Israel enacted a law to prevent that after such problems arose:

https://en.m.wikipedia.org/wiki/Israel%27s_Anti-Concentratio...

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Re:JPMorgan to trade shares of pre-IPO giants including Spac... by abdullahkhalids on Sunday September 13, 2020 @05:12AM (#24459531)
Nice. You could even have a fractal structure. I dare a billionaire to make a Mandelbrot set with a bunch of shell companies.
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Re:JPMorgan to trade shares of pre-IPO giants including Spac... by cschneid on Sunday September 13, 2020 @01:06PM (#24462267)
Something like this was a minor plot point in Accellerando (book by Charles Stross). IP being rapidly bought & sold between a network of related inter-owned companies, to avoid ever holding it long enough to be sued or something.
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Re:JPMorgan to trade shares of pre-IPO giants including Spac... by MHordecki on Sunday September 13, 2020 @05:11AM (#24459530)
Each company C_n would own 51% of the company C_{n-1} (with C_1 being the actual company). At every point each company owns a sizable chunk of equity.
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