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by dragonwriter 3778 days ago
> If Uber ultimately goes public, then the owner will be society.

No, if Uber is ever nationalized, then the owner will be society.

If Uber merely goes public, then the owners will still be the stockholders, its just that it will be easier to trade in the stock.

1 comments

From failing operations in Venezuela to gigantic state operated industries in China, I see a lot of examples of nationalized & government operated companies where the end beneficiaries are the insiders who get to re-allocate wealth to themselves at the expense of the rest of their citizens.