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"And I especially don’t like it when shareholders pocket parts of the profit that I made them without bringing anything of value to the company." Are you troll
by ericd 6y ago
"And I especially don’t like it when shareholders pocket parts of the profit that I made them without bringing anything of value to the company."
Are you trolling? You do realize why those shares are out there, right? Because your company needed money, and those people gave your company their money to get started, grow, hire more people, etc. Is that not bringing something of value?
- runarberg 6y agoIMO no. I would have preferred it if my company would have used less predatory means of getting that money, something like taking a loan or simply saving up part of the profits for any future investments. The people that made the decision to sell the share still pay them selfs plenty of money, the shareholder’s reward is always coming from my paycheck, and I prefer it wouldn’t.
- Alupis 6y ago> And I especially don’t like it when shareholders pocket parts of the profit that I made them without bringing anything of value to the company. > the shareholder’s reward is always coming from my paycheck, and I prefer it wouldn’t. This is just untrue for nearly all public companies. Most companies do not pay dividends... and a stock price going up and being sold by some investor literally has nothing to do with your company. In fact, the stock price is largely irrelevant to your company. It's only relevant to those who own the stock. > I would have preferred it if my company would have used less predatory means of getting that money, something like taking a loan or simply saving up part of the profits for any future investments. Issuing stock is basically a loan that they never have to pay back if they do not want to. They can always buy back their stock if they no longer feel it's worth while being a public company. FWIW, publicly traded companies have earned far more everyday working people comfortable retirements and more, than any single privately-held company.