2 ms·
Only for companies who are profitable or might be profitable in the future. If the company has no chance at future profit, it becomes a simple share of assets.
by londons_explore 2y ago
Only for companies who are profitable or might be profitable in the future.
If the company has no chance at future profit, it becomes a simple share of assets. There are plenty of companies with assets only and no revenue or employees.
- n4r9 2y agoAre assets not also worth "what somebody wants to pay for them"?
- marcus_holmes 2y agoThere are tons of examples of unprofitable companies, with no visible prospect of ever becoming profitable, trading at increasingly-higher values. Every tech bubble has their share of these.
- merb 2y agoyeah but 23andme was already falling when she wanted to buy the shares. It was overvalued and people already lost trust at the site.