PumpkinSkink@lemmy.worldtoTechnology@lemmy.world•Bluesky Might End Up Defeating Twitter Once and for AllEnglish
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9 days agoI think I used to play Halo 3 with that guy
I think I used to play Halo 3 with that guy
Money is a means of determining the distribution of resources. It doesn’t matter if stuff costs less or if people make more money, what matters is that nessecities, at a minimum, are more equitably distributed. You can make that end goal take different forms. Money is a little awkward for that end because you use money to purchase both food and nice cars.
It’s a little more complex than that. He, like, was buying shares, blew past the 5% ownership disclosure point, failed to disclose, was forced to disclose his stake. He was then offered a seat on the board, didn’t like the lack of control, and made a meme offer on the remaining stake to take the company private, tried to pull out, and was forced to buy the company he didn’t want to buy by the board of directors who didn’t want him to buy it.
He’s the recent Adam Conover interview with the details: https://youtu.be/sxG2Y3E0uEY