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Posted On: 02/03/2021 10:38:05 AM
Post# of 36541
My thoughts on the voting rights dilution. I hope Joe already has the money lined up or they thought about this long and hard.
Honest question.
What institution is going to invest in a company knowing that it will never have a say as to how the company is run. If i make a large investment i want to be able to have a decision in how the company operates. If the company stares to flounder and needs a new direction where will that come from if large investors are locked out of the decision making process?
Is this normal in biotech companies? Will institutional investors accept this structure?
Honest question.
What institution is going to invest in a company knowing that it will never have a say as to how the company is run. If i make a large investment i want to be able to have a decision in how the company operates. If the company stares to flounder and needs a new direction where will that come from if large investors are locked out of the decision making process?
Is this normal in biotech companies? Will institutional investors accept this structure?
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