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Captain-D 59 points ago +59 / -0

Stolen by Shaq of all people and then created a “reality show” to trash him as a racist and promote himself into greatness, lol. Yes, I watched it.

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idm03 43 points ago +43 / -0

Sold out by his board first which opened the door. Going public was a bad idea - the infusion of cash mostly just paid for TV ads that ultimately resulted in shrinking market share. Never was a fan of their business model and their pies weren't good enough to compensate for that.

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ThatGuyFromFark [S] 49 points ago +49 / -0

I'm an investor and I would never, ever take my company public in this woke corporate bullshit environment. There's better ways to get capital.

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thelastlast 12 points ago +12 / -0

why would anyone ever, I dont get it

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slangin_paint 20 points ago +20 / -0

they get sold on the hype and all the big dollar signs. It is a whole operation to distract the private owners from the loss of control and the fact that they are being paid paper and they usually don't make out nearly as good as they were led to believe they would.

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Doth 11 points ago +11 / -0

It's one way they can get a shitload of foreign money injected into their lives. After George Soros invested $45m into activision, the board paid the new CEO something like 10-20 million dollars and he had just started. Obviously a payoff for going woke with the blm shit

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HiddenDekuScrub 5 points ago +5 / -0

It's a good way to raise a ton of money at once for new projects. The disadvantage is you don't get to control who owns you afterward.

The stock market is where good companies go to die.

I'm thinking these days crowdfunding is safer for smaller companies. Have people invest in getting the product rather than a share of the profits. It's also a good way to gauge interest.

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Fusion360 3 points ago +3 / -0

Private equity is another bane; I know one business that bought out the creator, dumped the employees and hired new. They may be making money, but it is slowly aging.

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deleted 6 points ago +6 / -0
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Margeshrimpson 2 points ago +2 / -0

I to am an investor and think that in this climate over realization and ergonomically defiant CEO's are to blame for the construct of the demoralization of pepperoni pizza.

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Hokage_Trump 2 points ago +2 / -0

I believe the Chic-Fil-A CEO made a promise to his dad to never take the company public.