Imagine a world in which Google is a smaller private company, not the global behemoth Alphabet is today. Surprisingly, it almost happened. Google co-founders Sergey Brin and Larry Page were hesitant to go public because they feared that sharing control of the company with shareholders would force them to do things they didn’t want to do. A chance meeting with Warren Buffett changed their minds. Buffett explained the two-tier stock structure that he used to retain control over Berkshire… Source link
Read More »Investors aren’t convinced the GameStop drama is a big deal: Morning Brief
Monday, February 1, 2021 Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe The GameStop saga is somewhere between a low and high risk event The massive surge in GameStop (GME) shares, the role of the r/wallstreetbets community, and everything else connected to the ongoing ordeal has attracted attention from Wall Street to Main Street and everyone in between. Regulators and even celebrities are chiming in. The story is dominating headlines as it… Source link
Read More »