Comment on Meta: Shares in Facebook owner dive 20% as investors lose faithparentComments−bpodgursky3yI mean, nobody was obligated to buy minimally-voting shares of $FB.Our legal system's default assumption is that contracts that aren't clearly exploitative are valid, and this seems pretty tame by that measure.−ocdtrekkie3yI suppose. Perhaps this generation of technocrats burning their empires to the ground will make people more hesitant to invest in shares without power in future companies.
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I mean, nobody was obligated to buy minimally-voting shares of $FB.
Our legal system's default assumption is that contracts that aren't clearly exploitative are valid, and this seems pretty tame by that measure.
I suppose. Perhaps this generation of technocrats burning their empires to the ground will make people more hesitant to invest in shares without power in future companies.