>In America, you can be forced out of a business you own and built
>>218159002Well he wasnt the sole owner, there was the board
>create a company>want more money>sell off parts of the company>those people hire board members to represent their interests>a genius would maintain a strong enough majority (51%) so he could never be gainsayed>instead, sell your company off enough that if the board bands together they can fire you>be shocked when it happens
>>218159002He was Out.
>>218159002Isn't that the case everywhere?
>>218159002Only if you make an IPO, which is basically saying you don't want to own the company anymore.Don't do it if you care about the company!
The Board was making a move. He had to get it on.
>>218159071OUTAM IIIIIIIII?
>>218159002There are consequences... for my actions?
The real question is why would Quest Aerospace want him out when he was clearly a valuable asset.
>>218159305Plot needed to happen
That is the danger of going public. If you don't want that possibility don't do it. It's actually really hard for that to happen even then, you usually have most of the board in your pocket and they're too scared to ditch the founder who keeps them paid.
Just don't sell off parts of your own company in the promise of infinite profit?
Are these the words of the great governments, syndicates, boards of the Earth?
>>218159002This was my first redpill. You can put your heart and soul into a business but no matter what you do, some wrinkled old fart is going to take it away from you, the moment you slip up.This is why I'm a NEET.
>>218159444you can also slip, fall and die in your own shower.better not take any showers anymore for the rest of your life.
>>218159444It basically never happens to successful companies. No matter how crazy Elon has been they've been too paralyzed to force him out.
>>218159444Checked, but Norman didn't slip up. The point is nobody liked him except for the honest people he lied to, because he was a shitstain sociopath of a businessman and husband.
>>218159002>go public for extra money>WTF why does exactly would happen, happen?
And in Europe, we just sell all our companies to America
>>218159002In non-America you cannot be forced out of companies, because they don't have any. Usually the unwashed hordes just wait for UN airdrop once a month.
>>218159588Who sells them to India in turn
>>218159305Same with when Sculley pushed Jobs out of Apple
>>218159485Elon is a useful idiot. Norman was too clever for the board.
>>218159002>you can be forced out of a business you own and builthe sold shares
>>218159065Underrated and notice the lack of replies. The average /tv/ autist is unable to comprehend this post entirely.
>>218159031This if you never sold majority share of the company they cant push you out
>>218159065You are right.>>218159588Oh fuck off, America is selling of their companies to Saudis like EA gaymes and WB is being bought with Saudi Money
>>218159791In less words thats what everyone is saying
>>218159002There are laws that come when you incorporate and sell stocks. Stocks are ownership in that company, so in order to secure the rights of owners, an incorporated company must have a board of directors that's full of shareholders representing all the shareholders-at-large. And yeah they can and do totally vote to throw out the people who create and build up companies. Ask Papa John of Papa John's pizza, who infamously got thrown out of his own company because he refused to go along with going in a woke/DEI direction for the company. The last Disney at Disney got thrown out for the same reason.
>sell company>people buy it >:o
>>218159791Movies taught them everything they know
Well i think they found out about his weaponized nerve gas
>>218159065Maybe it was Norman's 4D chess to bring in all of those shareholders then kick them out.
is that the reason he works as a private investigator in American Psycho?
>>218159112A daring synthesis. Well done.
>>218159305the line probably went down slightly after an investment in Super Soldier Gas, and that's a big no-no.shareholders can NEVER lose money, even for the purpose of making more money later.
>>218159002Don't sell out the majority of your company to shareholders then, retard. This actually happens IRL except Norman was apparently too retarded to set up a retirement plan in all his years owning the company.
>>218159002In Europe, you can be forced out of the country you were born in, and your ancestors built for you and your descendants.
>>218159031>>218159065Yeah, these.
>>218159002I think that also happens all the time in Asia.
>>218164148And in America you just get replaced by the people you kicked out of their land :)
>>218164147>Norman was apparently too retarded to set up a retirement plan in all his years owning the company.Idk, he probably had one and was going to be fine- I think it was less about the money and more about the ego bruising from having his company taken away from him
>>218159002If anything this should show you that if you actually have an existential/moral stake and care about the company, rather than see it as a money making operation, then you should never take it public and just stay the private owner until you die
>>218159588Nah, we sell to the Chinese, who then acquire all knowhow there is to get and then close it down.
>>218159588you mean china
>>218159800daily reminder the board can host an emergency meeting to remove you as primary owner after Delaware ruled that you have a legal responsibility to make a business profitable to the shareholders. The majority of businesses in USA have a headquarters in the state of Delaware. Making the business across any state or country subject to the same ruling.People shit on business owners, but forget that even if the owner wanted to make his business more ethical, pay his workers more, etc. He legally wouldn't be able to because of this. So you don't even get to judge them.Dupont's literally own USA and Rothschild's are useful idiots to them.It would take way more than just a majority share. You need to own almost all the shares to shut something like that down.The moment you go public, it's no longer YOUR company even if you have largest shares.
>>218164268the fat man continues to be right about everything
Happened to the company I worked for. Went public years ago. The founders son was the CEO and he was forced out by the board because he wasn't dancing to their tune. New CEO is a fucking Pajeet. >start and build a company from scratch>pass it on to your children>they lose it to some shitskin because some predatory company came in, bought a huge chunk of shares, and shook shit up to make a quick buckLOL
>>218164309>after Delaware ruled that you have a legal responsibility to make a business profitable to the shareholders.Not in the wake of DEI policymaking. Social justice and cultural politicking are just as important as the fiduciary responsibilities of the leadership.
>>218164336>company is for sale>someone buys it>HOW COULD THIS HAPPENED ???
>>218164336Your retarded ex boss should have kept 51% and he would have been fine.
>>218159031Muh investorsThe stock market is fake
>>218164195Our private prisons need bodies. We're sure as fuck not incarcerating Whites.
>>218159002Only if you accept the poison chalice or easy stock market money Stay private and this cant happen.
>>218164388Bullshit, they use DEI to make them more profit.Why do you think they bullied the government to give them tax relief if they hired a certain amount of jeets, blacks, mexicans?Because hiring those people was never actually profitable unless the tax relief made it profitable.
>>218164667Half of the prison population is White you stupid retard. Actual whites not just spics who ticked a box.
>>218164195and in south america you can have your face peeled off in a livestream by the drug cult that runs the country
>>218164924>south americaRetard
>>218159002It only takes one word
>>218164336>PublicThey should know better, have those niggers ever seen the state of a public toilet.
Nu-4chan really is nothing but attention-whoring and karma-farming. How the fuck do you fight back against this?https://knowyourmeme.com/photos/3221641-greentext-stories
>>218166183How can you farm karma without an account?
>>218164633So Normand is an idiot for buying in then, or selling out rather.
well, only if you are traded. look at valve for example. gabe can do whatever. oscorp was traded i believe. its the ford v. dodge case
>>218164693>Why do you think they bullied the government to give them tax relief if they hired a certain amount of jeets, blacks, mexicans?Youre getting cause and effect backwards
