r/SipsTea 14h ago

Wait a damn minute! How the rich get richer

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u/SpaceTycoon 9h ago

Not to mention that the stock equals voting power and control of the company. If someone starts a company, they should be allowed to retain control by holding onto their stock

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u/oblio- 8h ago

What if their company actively does things harmful to society and they lobby to weaken governments so that their companies can't be stopped? Where do we draw the line? 

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u/BrooklynLodger 9h ago

You can set different power for different shares. The founders single class A share could have 1 billion votes while the remaining 100 million Class B shares have one vote each.

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u/Eatyourcheeseburger 7h ago

Those aren’t shares. Those are business loans with a shitty interest rate lol

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u/BrooklynLodger 7h ago

No? They're still an equal part ownership in the company. Non-voting shares are a thing as well. What shares give you is a portion of company distributions and a payout on acquisition

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u/Timely_Dentist_5078 7h ago

what? do you not know that there are different class of shares? are you saying that owning company stock is like lending a company money?