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RE: Interview With Steemit Inc Managing Director Elizabeth Powell (@elipowell)

in #steem5 years ago

Well to be clear, buying Steem is not investing in Steemit Inc. That's a private company that I'm sure has stocks and a board etc.

Anyone can create a company and launch a product on the Steem blockchain. They were just the first.

With their stake size and the way they got it, the waters on this are muddy for sure, but that's officially the structure.