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I mean, any non-dividend paying stock is essentially worthless since it can only be redeemed in the case of a sale or liquidation
by trophycase 6y ago
I mean, any non-dividend paying stock is essentially worthless since it can only be redeemed in the case of a sale or liquidation
- camjohnson26 6y agoBy consolidating equity you can influence the direction of the company and push it to a liquidity event, that’s not worthless. It also has value as a bet on the future occurrence of a liquidity event.