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by mrcode007
883 days ago
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https://www.investopedia.com/terms/s/self-dealing.asp In lesser known places such as Wall St, practices like self dealing are considered illegal. In venture they’re often celebrated. Go figure. I think there’s a general distaste towards setting up networks of companies B, C, D, planning to profit from a success of another company A where a single person controls all the companies and there’s a reasonable expectation of plans to divert business from A towards B, C, D. I don’t know the details but there seems to be some gripe about it. I’m speculating. |
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