Ethical Egoism Ethical egoism is the radical idea that the principle of self-interest accounts for all of oneâs moral obligations. Sometimes oneâs interests may happen to coincide with the interests of othersâin that by helping oneself, one will coincidentally help them, too.
Wayfair, LLC is an American e-commerce company that sells home goods. Formerly known as CSN Stores, the company was founded in 2002 and now sells many home furnishings and dÃ©cor items. Headquartered in Boston, Massachusetts, Wayfair has offices and warehouses throughout the United States as well as in Canada, Germany, Ireland, and the United Kingdom.
Wayfair is a dual-class stock company, and its Class B shares carry 10 votes per share compared, with one vote per share for the Class A common stock sold in Thursdayâs IPO. The companyâs co-founders did not convert and sell any of their Class B shares in the IPO, and each owns 28.3% of the outstanding Class B shares.