We had 3 recent blowups in the communication sector, META, GOOGL and SNAP. The common denominator is that shareholders have little or no influence on the founders. Facebook's Mark Zuckerberg is spending in inflation adjusted dollars close to what the entire Apollo Mission Program to go to the moon cost on an unproven platform called the Metaverse.
The founders have all but eliminated shareholder rights. I'll take you through the details and point to a different path taken by arguably the best CEO in our lifetime. Welcome to The Money Runner