The Crash of ’87, from the Wall Street Players Who Lived It

Re:The Crash of ’87, from the Wall Street Players Who Lived It by maneesh on Tuesday October 17, 2017 @06:15AM (#15489821)

you can raise capital by selling more shares.

This allows you, as a business, to not have to turn a profit and still be in business.

[ Parent | on HN ]

Re:The Crash of ’87, from the Wall Street Players Who Lived It by marak830 on Tuesday October 17, 2017 @06:31AM (#15489874)

That's not a profit. Thats temporary extra funds. A profit is performing a service that costs you less than you charge the client.

[ Parent | on HN ]

Re:The Crash of ’87, from the Wall Street Players Who Lived It by thedufer on Tuesday October 17, 2017 @08:22AM (#15490316)

Temporary extra funds are exactly what you'd want if you saw that conditions were right to open a factory you couldn't afford, for example. Your shareholders are people who would like to take on the profit (and risk) of such an investment. This works in everyone's favor.

[ Parent | on HN ]

Re:The Crash of ’87, from the Wall Street Players Who Lived It by hugecynic on Tuesday October 17, 2017 @06:51AM (#15489954)

> That's not a profit

that's exactly what he said. to not have to turn a profit yet remain in business.

[ Parent | on HN ]