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But in turn, if a company is getting 20% profit, why do they need people to invest?
by ergothus 10y ago
But in turn, if a company is getting 20% profit, why do they need people to invest?
- toast0 10y agoBecause they're currently a public company, and without people interested in buying the stock, it's going to attract activist investors which often ends up as a big distraction without making any real changes.
- ergothus 10y agoSo it sounds like the problem is systemic - this is why I'm never eager about companies going IPO...for every Google that ensures shareholders can't kill the company, there are hundreds that guarantee mid-term failure for short-term gain.
- jsprogrammer 10y agoEquity cash out