Quote:
Originally Posted by GatorB
They offered money, yahoo says no. I've never gotten this idea that I can start a company and some other guy can just come in and take it over. WTF? That should be illegal. That basically thievery. That would be like me offering you $10 for your car, you tell me no, and I can still take it if I want to.
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If you got 100 of your friends together to buy a car, and you each put in money towards the purchase and therefore owned a "share" of the car, then your friends can sell their shares whenever they want and if someone ends up with 51% of the shares, they control the car.....even if it was originally your idea to buy the car.
If you want to own a company that nobody can take away from you, then don't sell more than 49% of it.