Huh, pretty interesting https://www.follow-this.org/how-it-works/
So you invest in oil companies so you can vote on their board?
But it’s still investing in oil companies and giving them more money. It’s probably legit, but it does feel like a scam.
So you invest in oil companies so you can vote on their board?
But it’s still investing in oil companies and giving them more money. It’s probably legit, but it does feel like a scam.
I am also unsure about how to feel about it. I actually bought a bunch of VOTE after it launched [1], I am not sure if this was a good thing to do, but that was not money I was gonna give to charity otherwise (I would have invested it via other "ESG-oriented" systems that I don't entirely trust as being good for the world).
[1] https://www.cnbc.com/2021/06/22/underdog-activist-engine-no-...
Buying shares on the market from third parties does not give the company more money.
For example, GameStop raised over a billion dollars while Redditors were trying to get rich by memeing it to the moon.