Tom Bilyeu
๐ค SpeakerAppearances Over Time
Podcast Appearances
And
when your company's on the public market and you have any kind of vulnerability, then you'll get these shareholders that are, what are they, activist shareholders?
So they'll come in and if they can buy enough of it, they can just do a hostile takeover where they get voting control and they can sway the board, they can kick people off the board, they can fire the CEO.
Through pressure, it's usually not that they own like 51% of the company, but they become the single largest shareholder.
And so now they can bully people.
They can bully the board.
They can get decisions made because they can tank the price.
Like if they dump their stock, it's going to damage the price.
So period.
That's a hostile takeover.
Nice.
And it's hostile because the company doesn't want it to happen, but the shares are out there.
Okay, let's do a speed run, because I don't know that this fractal will be very interesting, but for anybody other than me, here is the reality.
Life is perpetually changing.
I know it feels like everything is static, and when you're young, you are born into a world that is moving, by the way.
The culture is shifting entirely.
The whole time that you're alive, the culture is always moving, but you're born into this window where if you think of yourself in the middle of something sliding,
And until the backside here hits you and passes you and leaves you behind where you suddenly feel like, wait, what?
The world is not what it used to be.
Like, I cannot tell you how weird it is for me that kids don't have MTV.