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by maxbond
1 day ago
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I don't think we have the same understanding of "insider". There are dozens to several hundred insiders at any one time. There aren't enough for them to reliably trade against ones another. To day nothing of how this system would fail when a company decided to raise capital. Like, is the CTO going to trade with the CEO because they have different views on the company? When they need to raise capital, are they going to get it from an accountant at E&Y who's auditing their books? |
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