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0 pointsjerojero4y ago0 comments

Equity gives you a share of the money pie, but it doesn't necessarily give you a share of the decision making pie.

The problem that I raise isn't necessarily with the profitability of twitter, but with the decisions that are made about where the platform goes as it grows or gets older. I believe everyone who participates in the platform should have some form of decision power over where it goes, for such a big platform there are many different actors involved but how many of them actually get to make decisions?

Where the profits go is one of the many decisions that are made, as it stands now, people with equity get some of the profits and that's about it. How much is reinvested, how much is paid out, and so on are not really decisions most equity-holders make.

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nradov4y ago

If equity holders don't like where the platform is going or decisions about dividends then they can join with their peers to push through a shareholder resolution, or replace the Board members. This is similar to running a political campaign. But it seems some users and minority shareholders feel entitled to control management decisions without doing any of the hard work.

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