So now you can invest in #Mycroft. Buy non-voting shares. If you invest a minimum of $1000 you get a rather large bonus... I don't know about you, but sounds like a decent investment... though a little risky.
What's risk anyway?
@poetgrant you mean invest or buy stock?
I've heard these are 2 very different things, but I don't exactly know how...
@Wolf480pl you would be purchasing stock in the company. Non-voting, so it is a limited stock option. They also don't mention dividends, so it would be a long term investment without immediate payout.
@poetgrant You seem to be talking like buying stock is a special case of investing... but I've heard some people say that buying stock does not always mean investing... I'm confused now.
@Wolf480pl well it will provide temporary capital for the company. Sort like buying a bond, but the payout tends to be a lot better... without a whitepaper I am not sure, but a 20% bonus on initial investment sounds like a pretty good payout.
It doesn't say if there are restrictions on selling stock.
@Wolf480pl stock is always investing, but it isn't always effective if you buy a stock then sell it a week later. The best investment would actually be a stock that pays dividends because then you could judge the actual growth of the company's capital more effectively. Also you would make money that you could reinvest in the company if you so choose.
@poetgrant hm, ok, but if someone speculates on a stock, does that really count as investing in the company?
@Wolf480pl I don't think so... I mean... I guess technically that company has a little capital for a short time, but in my book speculation tends to be a very bad idea.
@poetgrant well, IMO speculation is a harmful phenomenon, and it's not something I'd want to participate in.
I'm just trying to figure out the semantics here, whether eg. investing in a company also means trying to help that company become worth more, etc.
@Wolf480pl I think it is good... but only if you're in it for the long term. Hopefully they decide to start paying dividends because that will help encourage long term investments.
To be clear, I think speculation is really bad from an investment standpoint. That goes for the investor and the investee
@Wolf480pl I hate to belabor the point. But, at this point, if they are offering stock that means they believe they have a chance to be a longterm competitor. So the semantic point of this is that they believe that now you don't necessarily need to drop money to help them survive, but rather they believe that now they can offer you greater returns on an actual investment in their company. Stock means possible returns. Investment via donation means trying to survive.
@Wolf480pl speculation doesn't contribute to the long term growth of a company. For instance, I have been investing in Red Hat for years and they have seriously grown. They could only do that through long term investments like mine... not that I lend them a huge amount compared to IBM now... hehehe
@Wolf480pl they also don't actually have a whitepaper. That sort of makes me wonder how this style of investing really works.
Fosstodon is a Mastodon instance that is open to anyone who is interested in technology; particularly free & open source software.