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A comment on Robinhood Play Store listing went from 329K reviews to 180K in few hours. Parent comment

Re:Robinhood Play Store listing went from 329K reviews to 18... by malwrar on Thursday January 28, 2021 @08:25PM (#25952365)
How would this work for someone who is a billionaire by means of illiquid assets like stock in the company they founded?
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Re:Robinhood Play Store listing went from 329K reviews to 18... by ncallaway on Sunday January 31, 2021 @04:35PM (#25982778)
They would have a couple of options:

They could sell stock—maintaining the total size of the company but losing some control over it, in order to pay taxes.

Alternatively, they could reduce the size of the company by having the company issue dividends on the stock to shareholders, in an amount enough to cover taxes.

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Re:Robinhood Play Store listing went from 329K reviews to 18... by zouhair on Thursday January 28, 2021 @08:30PM (#25952421)
They will have to sell to pay taxes.
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Re:Robinhood Play Store listing went from 329K reviews to 18... by malwrar on Thursday January 28, 2021 @11:51PM (#25954081)
And slowly lose control over their business? What if they aren't publicly traded?
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Re:Robinhood Play Store listing went from 329K reviews to 18... by ncallaway on Sunday January 31, 2021 @04:36PM (#25982786)
They could also issue dividends from the company to share-holders.

This wouldn't weakened control of their ownership interests, but it would reduce the overall size of the company itself.

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