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RE: @ned Denies Request For Financial Transparency
If Steemit Inc are considering leaving they should at least make it gradual rather than unexpected or simply sell their company to someone else who is willing and able to fill the role.
Exactly. People are worried about Ned dumping his coins, but I think a far more likely scenario is that Steemit.com, along with all its accounts, is sold eventually to some VC. I'm quite certain Ned has been approached at least once by private investors during this bear market.
It probably isn't even possible for Steemit Inc to dump the whole lot as there wouldn't be enough buyers. Price would fall to a few cents and they would have to wait until they get enough bids.
Selling directly to someone or another company is a far more sensible option. Maybe even sell off part of the company which includes a particular amount of Steem. There are a few ways out without crashes the price further.
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That's what I had in mind. There is not enough liquidity on exchanges to absorb all the Steem in those accounts. Makes much more sense to sell in bulk to VCs who want to exposure to Steemit.