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Divest my company and step down as CEO/chairman

Posted: Mon Jul 15, 2024 10:24 am
by Wall Rd
Is it possible to divest my company?
For example if I start company ABC, can I IPO, sell out all my shares in ABC and step down as CEO/chairman?
Or am I forever tied to the first company I start?
Would be fun if one could sell out a company that is for example clearly overvalued, then reallocate the capital to create a competitor, then outcompete the divested company, etc. :lol: So to play the game of a capital allocator and not only running businesses..

Re: Divest my company and step down as CEO/chairman

Posted: Mon Jul 15, 2024 10:40 am
by cantdownloadit
If you want to do that you would need to do that sort of things with a subsidiary not your initial company, if a competitor takes over enough of your original company that's the end.

(have been campaigning for a long time for game to continue if you no longer own your 1st company due to selling it, bankruptcy, being bought etc)

Re: Divest my company and step down as CEO/chairman

Posted: Mon Jul 15, 2024 10:52 am
by Wall Rd
Interesting! I don't see why the first company you start is so important. It should be about how you allocate and compound your capital = capitalism... At least, if the player has bought Subsidiary DLC, and you play a Custom game, it shouldn't matter which company you use to compound your capital. In my humble opinion :)

Re: Divest my company and step down as CEO/chairman

Posted: Mon Jul 15, 2024 11:15 am
by cantdownloadit
Wall Rd wrote: Mon Jul 15, 2024 10:52 am Interesting! I don't see why the first company you start is so important. It should be about how you allocate and compound your capital = capitalism... At least, if the player has bought Subsidiary DLC, and you play a Custom game, it shouldn't matter which company you use to compound your capital. In my humble opinion :)
viewtopic.php?t=7888

knew i had posted it some long while ago.