Laeserin on Nostr: Closest thing corporations can do is share equity (co-ownership through title law), ...
Closest thing corporations can do is share equity (co-ownership through title law), but that only seems to work when they don't have too many owners, or when the "emotional owners" control the majority of shares and the others are just helping to finance it.
At some point, the effect is diluted and people start treating the shares like promissory notes or cash bills, instead of really caring about the company.
It gets fiat fast, if you don't watch out.
Published at
2024-07-01 07:36:03Event JSON
{
"id": "d87dd7ccb395c8e4b46f0aadf54e694f35c20a6466b9da6104bff27f947eae26",
"pubkey": "dd664d5e4016433a8cd69f005ae1480804351789b59de5af06276de65633d319",
"created_at": 1719812163,
"kind": 1,
"tags": [
[
"e",
"2d13afae0d556cf811e07f984b4c7b5f9d4d1ccd2682862fa74de5146a0b73c4",
"",
"root"
],
[
"e",
"9625d206688374b82223873f36f9b055b65b4e07e8f39af517ecf08b6ad30a1b",
"",
"reply"
],
[
"p",
"a96a35a224402b8075c4da20f0477896afcc3395b6fad63e30a648a8222a6a69",
"",
"mention"
]
],
"content": "Closest thing corporations can do is share equity (co-ownership through title law), but that only seems to work when they don't have too many owners, or when the \"emotional owners\" control the majority of shares and the others are just helping to finance it.\n\nAt some point, the effect is diluted and people start treating the shares like promissory notes or cash bills, instead of really caring about the company.\n\nIt gets fiat fast, if you don't watch out.",
"sig": "9815752f512362bc6b5c5aa3045956fc3850eebda6d4d5aa2b18d15947475f6bf6c93e32848ea79b7916890ccf4e6b94c8deb940a2d5dee2b8a16b1bda058dbb"
}
