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How is that different from what you did as a founder? Say you create a company and issue 100M shares of worthless stock. Then after some time you end up selling
by united893 9y ago
How is that different from what you did as a founder? Say you create a company and issue 100M shares of worthless stock. Then after some time you end up selling 1M shares at $10/each. You get to keep $10MM that you created out of thin air?
Truth is, by creating the company, you created value. And the bank, by providing liquidity and reducing transactional friction does the same.