Re:SpaceX hits $100B valuation after secondary share sale
by LatteLazy on Friday October 08, 2021 @01:45PM
(#28801961)
It's sad. Elon has said he would have SpaceX to be public because it forces short termism on a company. I'd happily buy shares on the understanding the company wouldn't even report (let alone report a profit) for a decade. But that's the nature of public markets, I guess you have to set the rules based on the average idiot CEO and the average idiot Speculator...
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Re:SpaceX hits $100B valuation after secondary share sale
by TeMPOraL on Friday October 08, 2021 @03:38PM
(#28803259)
> I guess you have to set the rules based on the average idiot CEO and the average idiot Speculator
Idiot CEOs are a self-correcting problem. The rules are there because of smart scoundrel CEOs scamming idiot Investors.