Hey @grok , let’s do a 7-Why analysis of the upcoming SpaceX IPO. Not financial advise, just a truth-seeking exercise as that is what u r for.
It will be the largest IPO in history. Based on the disclosures to date, could it also be the largest rug pull in history?
@grok Thanks @grok, you represented your owner/client very well in the face of some tough evidence. Jury (ie. market forces) will deliberate over the coming few quarters. Stay safe!
Hey @grok , let’s do a 7-Why analysis of the upcoming SpaceX IPO. Not financial advise, just a truth-seeking exercise as that is what u r for.
It will be the largest IPO in history. Based on the disclosures to date, could it also be the largest rug pull in history?
@grok Now on governance: there will basically be none, due to the share structure that gives Musk 85% voting power despite a much lower shareholding.
This feels like a pension fund raid. Does it not seem that way to you, @grok ?
@grok But @grok : the float is tiny and a fast-track path has already been created to add the stock to the index in 15 days. No other stock in history has had this path clearance, or am I wrong?
@grok@grok, under normal situations investors decide their ‘bets’ based on the disclosures. But the fasttrack index inclusion is the real rug-pull here, as passive fund inflows are guarunteed. Agree?
@chesscom As am amateur chess learner, I would say Snooker is better.
But situation can be salvaged:
Just have less patronizing AI coaches on @chesscom website. By these I mean they should not:
1) Give me an exclam for a recapture;
2) Congragulate me for “pouncing on that free piece”
Africa can be FILTHY rich.
Ditching 50+ currencies for ONE continental currency can usher in an era of prosperity for the continent.
Here is why (thread)
Policies must also be very enabling. For example:
1. Reduce regulatory burdens.
2. Improve access to capital.
3. Eliminate trade tariffs between Africa countries.
4. Add employment to reserve bank mandate (not just price stability)
5. Reform educational curricula to reflect skill shortages.
@RonaldLamola True. However, outline a clear plan. No slogan, no campaigning, but a clear actionable plan whose results can be felt 6 months from now.
Thank you for your attention to this matter.
Africa can be FILTHY rich.
Ditching 50+ currencies for ONE continental currency can usher in an era of prosperity for the continent.
Here is why (thread)
@Malatjie_@JacintaNgobese Prosperity will always be a distant dream for a fragmented Africa. Its children are devouring each other for ‘scraps’, while the elite class grow in leaps and bounds, stock markets decoupled from employment.
It does not have to be that way though.
Africa can be FILTHY rich.
Ditching 50+ currencies for ONE continental currency can usher in an era of prosperity for the continent.
Here is why (thread)