nostr:nprofile1qy2hwumn8ghj7un9d3shjtnddaehgu3wwp6kyqpqp02xz4ch8lh8j3dd2hgqcwmthseaegc9mqfjgaj6tvjr6rvewztq62al36 nostr:nprofile1qy2hwumn8ghj7un9d3shjtnddaehgu3wwp6kyqpqmzl0h030san238ehy2f6a2xp6dsquarvx8w9rpx80yd0q5rafy7q5kjq0g nostr:nprofile1qy2hwumn8ghj7un9d3shjtnddaehgu3wwp6kyqpq3r2d5qdmr2lf24hyjyvc4zmur55l8r8zlm22ldyngz3sp233fjcqd66rur nostr:nprofile1qy2hwumn8ghj7un9d3shjtnddaehgu3wwp6kyqpqscjc2e839xfmmsjfqr87huvu9qxenptmamfrcj6s98gv6frq5wgqtwgu4k there are legal and common ways to prevent this, they're called poison pill clauses and they trigger when one investor gets too much stake in a company, the company charter authorizes just DESTROYING the share price by offering infinity shares to every other shareholder at a way cheaper price
Discussion
nostr:nprofile1qy2hwumn8ghj7un9d3shjtnddaehgu3wwp6kyqpqvu27xnmzk962aspy8fjwe5dlm5g8pzce6s95z4lzpzgxlgy9ra9qr4s0yr nostr:nprofile1qy2hwumn8ghj7un9d3shjtnddaehgu3wwp6kyqpqmzl0h030san238ehy2f6a2xp6dsquarvx8w9rpx80yd0q5rafy7q5kjq0g nostr:nprofile1qy2hwumn8ghj7un9d3shjtnddaehgu3wwp6kyqpq3r2d5qdmr2lf24hyjyvc4zmur55l8r8zlm22ldyngz3sp233fjcqd66rur nostr:nprofile1qy2hwumn8ghj7un9d3shjtnddaehgu3wwp6kyqpqscjc2e839xfmmsjfqr87huvu9qxenptmamfrcj6s98gv6frq5wgqtwgu4k isnt that what the twitter execs did when elon was trying to purchase it?
They threatened to do it but the promise of a golden parachute from elon was too enticing i think