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Ialwayslie008 t1_j0y2661 wrote

Reply to comment by nilogram in Over 67,000 DraftKings Betting Accounts Hit by Hackers by chrisdh79

I guess I don't know what a funder is. Why would someone invest in a company with nothing in return unless it's a bank, in which case it doesn't matter if they're receiving bank loans from foreign entities, they have zero power or say.

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nilogram t1_j0y2g1l wrote

I think it’s related to like VCs and people who initially put up the funding BEFORE it’s on the stock market.

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Ialwayslie008 t1_j0y2yq0 wrote

They would own a percentage of the company, thus would be considered investors, no?

I do know the page I was using for a reference (CNN's money site) was wrong, since Disney owns over 6% as well.

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nilogram t1_j0y30xm wrote

Yeah I guess they would be stock holders but not sure if or what % they retain

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god-doing-hoodshit t1_j0y2taw wrote

Even banks don’t do that. They only invest if they see a very likely return

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