This only follows for businesses that do not pay a dividend. Assuming Panic is profitable, equity could easily result in profit-sharing or dividends. Facilitati

This only follows for businesses that do not pay a dividend. Assuming Panic is profitable, equity could easily result in profit-sharing or dividends. Facilitating employee share sales would also allow employees to take on more or less Panic risk depending on their personal tolerance. Other companies have done similar for decades/centuries.