3 ms·
"What is Google public stock backed by?" The equity of Google -- if the company is liquidated, stockholders are entitled to the proceeds after bondholders have
by betterunix 14y ago
"What is Google public stock backed by?"
The equity of Google -- if the company is liquidated, stockholders are entitled to the proceeds after bondholders have been paid. You can read the prospectus if you are curious about what a share of a company's stock actually means.