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A comment on Patagonia – Earth is now our only shareholder. Parent comment

Re:Patagonia – Earth is now our only shareholder by guywithahat on Thursday September 15, 2022 @05:27PM (#32858689)
To be fair the guy is ancient and Patagonia wasn't public, so he could only ever take out loans against the company, he couldn't actually turn his shares into cash. It's like owning 2 billion in real-estate on the moon
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Re:Patagonia – Earth is now our only shareholder by mattashii on Thursday September 15, 2022 @06:48PM (#32859449)
> couldn't turn his shares into cash

Isn't there this thing businesses do sometimes that's called "going public", where one puts their share of the ownership on the market for sale, in return for which they receive cash?

Why would that not have been possible for this ancient guy too?

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Re:Patagonia – Earth is now our only shareholder by yveezy on Thursday September 15, 2022 @05:30PM (#32858725)
Still it's a laudable contribution! Let's not diminish it :)
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