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Well, the shareholders provided the money that allows any of it to exist at all. If there's was nothing flowing back, there'd be nothing for institutional inves
by just_boost_it 4y ago
Well, the shareholders provided the money that allows any of it to exist at all. If there's was nothing flowing back, there'd be nothing for institutional investors. IPOs would be worthless which means there'd be no exit for VCs. Everyone would love to just get money with no obligation to give anything back, but that's not the way the world works.
- hosh 4y agoThe idea that companies should maximize return on shareholder value has only been around since around the late 70s. It wasn’t always like that.