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smooth_remmy | 5 years ago
Stay private = only accredited investors (millionaires) can invest in them
Public companies = everyone can invest in them, including children, the poor, public pensions, etc.
Why would you want them to stay private and have only wealthy investors? You expect a company that has investors that are 100% from the upper class to act ethically? How many POC are wealthy enough to be accredited investors?
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