auntanniesalligator
auntanniesalligator t1_iu3xg8v wrote
Reply to comment by hellothere564738 in ELI5 How can a public company become private? by hellothere564738
Electing boards of directors who hire the CEO is arguably just as consequential to your investment. Shares aren’t like land or a car, where there is are myriad ways to extract value. The only point in buying a minority stake of shares in a company is to make money on dividends or value appreciation, and if the majority of shareholders think a private sale is the best way to make money, then it’s appropriate that everybody is included.
auntanniesalligator t1_j0l7u74 wrote
Reply to comment by Step845 in How does high humidity affect perceived temperature in hot and cold environments? by MindTheReddit
Endothermic with respect to the water that is evaporating. In that sense your body is part of the surroundings, not the system.