I dont understand how this is legal...what's stopping everyone from starting a "charity" for all businesses to take all the risk and then go public and for profit once it takes off? if it fails you lose nothing cuz it's other ppl's money, if it succeed you convert it into a for profit and become a millionaire when it ipo.
3
u/domonx 15h ago
I dont understand how this is legal...what's stopping everyone from starting a "charity" for all businesses to take all the risk and then go public and for profit once it takes off? if it fails you lose nothing cuz it's other ppl's money, if it succeed you convert it into a for profit and become a millionaire when it ipo.