Hacker News new | ask | show | jobs
by neovi 4099 days ago
There's a small chance something of the sort could happen, but there are some nice limitations included.

In the 90s, the companies were issuing to be publicly traded; which means retail investors were free to put their whole income into a stock if they wanted to. Here they're only allowed a percentage of their income depending on their income bracket (over $100,000k or under). There's also a 30% cap to sell, which is far better than selling the whole entire fridge.

1 comments

It depends on if it is in Tier 1 or Tier 2. Tier 1 for companies raising less than $20m/year seems not to have a limit on the percentage of their income.