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by sylware 1296 days ago
For instance he is "like" msft CEO, which is also starbucks CEO, both companies steered and managed by vanguard/blackrock ppl (that include very probably the CEO as biggest share holders weight a lot on CEO choice then on the whole hierachy of management).

It is the same for "alphabet"(google)/apple and many other companies in big tech.

There are the "same" networks of people.
1 comments
JumpCrisscross 1296 days ago
> he is "like" msft CEO

Twitter is privately held. Vanguard and BlackRock have nothing to do with it.

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sylware 1296 days ago
You missed the point: Elon Musk is spacex and telsa, if spacex and telsa "are" vanguard/blackrock, then Elon Musk is one of their CEOs, even though he bought twitter on its "own" "money".
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JumpCrisscross 1296 days ago
> Elon Musk is spacex and telsa, if spacex and telsa "are" vanguard/blackrock, then Elon Musk is one of their CEOs

SpaceX is also privately held. Vanguard has nothing to do with it, neither do I think BlackRock. With Tesla, they are holders, but largely through index funds. And Elon has control.

There is a public market index hypothesis, but it pointedly doesn’t apply to Elon or his companies.

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sylware 1296 days ago
It can be privately held by vanguard/blackrock. The difference is only based on how the "shares" where bought/sold. The "usual" way is to buy shares available on public and formalized markets like stock exchanges.

So what's you say about Tesla and Elon Musk is like Amazon and JB: they are share holders, but not big enough compared to Elon Musk in Tesla (did not check that) then they cannot setup their ppl on management like their CEOs. This is the same with amazon: JB is in control, but vanguard/blackrock are just behind (and azure), namely once JB sells enough of his shares, vanguard/blackrock get in control and then will setup their ppl as CEO and management (unless azure interfere).

Like alphabet(google)/microsoft/apple/starbucks/etc.

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tptacek 1296 days ago
This sounds like a conspiracy theory.
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sylware 1296 days ago
It is public information and how CEOs are chosen.

If you want to know more: starbucks, a vanguard/blackrock company, with msft CEO has massive debts and stabucks is paying huge interests all year long.

Public info.

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