It’s way worse than you think and way way worse than you want it to be.
Wealth Inequality in America
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It’s way worse than you think and way way worse than you want it to be.
The word “poverty” has two different common meanings. First, it is the smallest income level in any given country. E.g. in the United States, over 20% of children live in poverty. Second, is the more global view, with the International Poverty Line set by the World Bank, at just $2.15. The chart above shows the drastic difference in incomes between those two definitions. Do note that...
The previous posts in this series walk through what a corporation is, how it is structured, and how investors fit in. This post will add what all that looks like in practice. HistoryCorporate Structures Grants, debt, and equityDaily, monthly, … annual management(this post) Daily operations On a day-to-day basis the CEO, other managers, and staff run the business without any interference...
Part 1 of this Primer series talked about the history and limited liability of corporations. Part 2 dove into the corporate hierarchy. This post will dive into investment structures. HistoryCorporate Structures Grants, debt, and equity(this post)Daily, monthly, … annual management Grants All the young companies I meet want to raise money. I do a lot of work in Africa and thus do meet quite...
Part 1 of this Primer series talked about the history and limited liability of corporations. This post will dive into the structure of a corporation. HistoryCorporate Structures (this post)Grants, debt, and equityDaily, monthly, … annual management Shares and shareholders Corporations have owners. For a typical corporation, these are the “shareholders” (sometimes called...
First time entrepreneurs are often the CEO of a corporation, but nonetheless don’t know exactly what a corporation actually is, nor how a corporation works with employees, management, directors, and investors. This series of posts will walk through those details. Not as a lawyer, as I am neither a lawyer nor have ever taken a class at a law school (not counting the one I guest lecture I...
