RE: Why FB Crushing STEEM Would Be Great For Humanity...And Why It Will Not Happen 👍

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Why FB Crushing STEEM Would Be Great For Humanity...And Why It Will Not Happen 👍

in steem •  7 years ago 

It would certainly be different if Facebook was still a private company, and not a public one.

I wonder how a corporation, like Facebook, can go about acquiring an ecosystem like Steemit. They would have to buy all the outstanding shares (coins.) In corporate acquisitions, agreements are usually in place that dictate what happens to minority shareholders when they don't want to sell.

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