• Buffalox@lemmy.world
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    1 year ago

    Just because a company is public, doesn’t mean control suddenly is with some Capital company.

    Microsoft as an example was absolutely controlled by the founders for decades, before they left the company and handed control over. There is NOTHING different about that, compared to a private company, that can also be traded.

      • Buffalox@lemmy.world
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        1 year ago

        Control still primarily lies with the CEO

        No control lies with the owners, a public company can easily have a single or a small group of owners that control the company. Your entire premise is simply false.