Re:Carta CEO's response to the unsolicited outreach to their...
by haltist on Sunday January 07, 2024 @02:38AM
(#38899323)
So you are willing to deny Carta the ability to generate profits because you do not think that confidential financial information should be used to set prices on some financialed instruments and commodities. Did I get that right?
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Re:Carta CEO's response to the unsolicited outreach to their...
by jedberg on Sunday January 07, 2024 @02:41AM
(#38899339)
Not without permission from the owner of the confidential information. I don't think that's controversial.
Re:Carta CEO's response to the unsolicited outreach to their...
by symmetrist on Sunday January 07, 2024 @02:53AM
(#38899398)
It is controversial if you are a free market supremacist like myself and believe that the market should be setting any and all prices. Removing market inefficiencies is what capitalism is all about and preventing the trading of pre-IPO shares seems like a very glaring inefficiency for setting the actual price of Linear.
Re:Carta CEO's response to the unsolicited outreach to their...
by jedberg on Sunday January 07, 2024 @02:56AM
(#38899420)
I never said anything about preventing the trading. I said Carta should not steal information to set the price. Even a free market supremacist should understand the moral hazard of using stolen information to set prices.
Re:Carta CEO's response to the unsolicited outreach to their...
by symmetrist on Sunday January 07, 2024 @02:57AM
(#38899424)
If you willingly tell me something how exactly am I stealing anything? The Carta database is populated by customers themselves.
Re:Carta CEO's response to the unsolicited outreach to their...
by jedberg on Sunday January 07, 2024 @03:09AM
(#38899481)
IF you tell your doctor about how you can't get an erection should they be allowed to sell your name to the company that makes Viagra? Do you think there is an expectation of privacy? Do you think that would have a chilling effect on going to the doctor if that were allowed?
Carta is paid to store my data securely and privately. They broke that contract.
Even Libertarianism demands that contracts be honored and enforced. Without contracts we don't have a system anymore.
Re:Carta CEO's response to the unsolicited outreach to their...
by haltist on Sunday January 07, 2024 @12:53PM
(#38903346)
This is a great argument jedberg, you should become a lawyer.
Re:Carta CEO's response to the unsolicited outreach to their...
by j4yav on Sunday January 07, 2024 @03:32AM
(#38899588)
If their business is to be a safe place for confidential data it does seem a bit strange to be shocked that someone would dare deny their right to give away the confidential data for fun and profit.
If I had a contract with you to keep something of yours safe, and you found out I sold it, would your response be something like “behold the power of the free market”?