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Joined 1 year ago
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Cake day: July 1st, 2023

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  • Rich people don’t sell their holdings like that. They borrow against them and use the loans to pay for everything. If he has a billion or two in equity, then he can get a billion in loans without ever actually selling the shares.

    You can build a vapor ware fraudulent mess, make someone else the CEO and CFO and just be a board member and basically wipe yourself of all liability. You just need enough rubes to keep your stock up through the first week or two of IPO while you close the loans




  • It’s highly dependent on state and municipality but it actually is. I was shocked when I moved to San Diego and about half of all managed buildings we talked to had a single partner isp/cable provider. While it is technically in your rights to force them to let you install a dish because of federal laws, nothing requires them to let a different cable or internet provider run physical cable up their skyscraper so they all cut deals with just one for a kickback. We had to give up on a building we really liked because the only provider was still DSL