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> Stock price only starts to matter when a company needs access to more cash I used to think that too, but it's not true. Stock price matters for the existing
by ntoshev 16y ago
> Stock price only starts to matter when a company needs access to more cash
I used to think that too, but it's not true. Stock price matters for the existing shareholders, including founders and employees, who may need to cash out for personal reasons. The stock price is an instrument to align the interests of many.
- antoinevg 16y agoThe stock price is an instrument to align the interests of many. I like this definition very much.