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by eganist 1523 days ago
Found: https://news.ycombinator.com/item?id=31057193

Thanks, vouched even though I'm not sure your claim about "every major player" being out is correct (https://money.cnn.com/quote/shareholders/shareholders.html?s...). Still, easier to have that conversation elsewhere now that there's a general public conversation about it, so it's harder to hand-wave it away as conspiratorial.

1 comments

>Thanks, vouched even though I'm not sure your claim about "every major player" being out is correct (https://money.cnn.com/quote/shareholders/shareholders.html?s...). Still, easier to have that conversation elsewhere now that there's a general public conversation about it, so it's harder to hand-wave it away as conspiratorial.

Institutions like Blackrock or Vanguard don't get to vote, they may at most provide a proxy vote at cost.

The typical 'conspiracy' around those 2 is that their management can threaten entities like twitter with delisting. Twitter is then removed from their holdings at tremendous cost. So they have kind of a little threat and they get some say to do stuff like climate change and diversity stuff. Ultimately the orgs still take this upon themselves. It's an easy thing to bluff against.

Yes maybe some of these institutions have some players involved but I dont see it.

Twitter looks tremendously undefended.