So my company is currently public (MAPS) and the founder/CEO is executing a "takeover" of the company and buying out all shares to take it private.
What does this actually mean? Does anyone know this stuff better than I do? What can I expect to see inside the company?
@dtauvdiodr Unless you're a shareholder, unlikely not much. Not much that couldn't happen to you anyways.
By buying the shares and taking the company private your CEO no longer has a board of directors who can second guess their decisions. So he can do whatever he wants.. or feels he needs to. Like suddenly fire half of their staff. I'd be looking for an exit.
Particularly when industry search incumbants like Goog etc. make finding weed stores really easy; I question WeedMaps value-add.
studio craque 54 🏳️🌈
Third spruce tree on the left