3 ms·
> Stocks are not a limited scarce resource so it’s not like the top are hoarding them. How are stocks not a limited resource? I know companies occasionally iss
by worrycue 5y ago
> Stocks are not a limited scarce resource so it’s not like the top are hoarding them.
How are stocks not a limited resource? I know companies occasionally issue new stock to rise capital for new business ventures but that doesn’t happen that often no?
- itake 5y agoEmployees are paid in stock. New stock is issued regularly for them.
- lexapro 5y agoIt is still limited.
- alistairSH 5y agoThat's a very SV view. 1% of US-based companies are publicly traded. And publicly trader companies only make up about 1/3 of national employment.
- jldugger 5y ago> 1% of US-based companies are publicly traded. Well, let's broaden the scope a bit then. Beyond simply issuing new shares, you can found a new company. This happens a lot, outside the bay, you just don't hear or think about it unless it's a VC backed firm hoping to make it huge. When it's a sole proprietorship, crickets. Perhaps this is fine, but there are different modes of ownership across the country.
- germinalphrase 5y ago“Employees are paid in stock” This is not true for the vast majority of employees and is a bit out of touch.
- colinmhayes 5y agoI think he was trying to say that they're liquid, so it's not like vc/private equity where you're locked out of the game until you're rich.