• Kissaki@beehaw.org
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    24 hours ago

    They sell something like 5% publicly, and 30 or 40 %, I don’t remember, is for select people. They want to reward people that were loyal. This is corruption.

    Add to that the various changes around the regulation. You don’t need 20% public offerings anymore to land in the top100, and they don’t have to wait three months anymore, just three weeks to land in the top100. That means various ETFs and other stocks will have to automatically buy in. And with that, indirectly boosting value. Like retirement plans suddenly having to buy in to this overvalued money steal.

    Pure corruption.

    If anyone wants, I can link the YT short or vid I watched about this with more/specific infos.