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> A company is not a bag of potatoes in the market to sell at the whims of the highest bidder. That's exactly what it is. Stocks trade on an open market. Twi
by timmg 5y ago
> A company is not a bag of potatoes in the market to sell at the whims of the highest bidder.
That's exactly what it is. Stocks trade on an open market. Twitter went public. They chose to become a commodity. That's how commodities work.
- belter 5y agoNo. They choose to go public to finance based on the public funds instead of asking a bank loan. You go public and sell shares to get money from investors. Then you do what you think is best for the company, not the shareholders. If the company does well, hopefully the shareholders do also. Amazon stock price went nowhere for years, no profit, but investors stick with the company. Sometimes the investors are VC's, sometimes they are the bank of Mom and Dad, and sometimes they are the stock market.