Re:Uber opens at $42 per share
by atemerev on Friday May 10, 2019 @05:31PM
(#19882434)
Yes, I suppose this is also correct. I just wanted to reiterate that with modern creative financing, a large company can stay “unprofitable” basically forever and still keep shareholders happy.
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Re:Uber opens at $42 per share
by konschubert on Friday May 10, 2019 @05:51PM
(#19882575)
The is only true as long as shareholders believe that the company gets a return on its investments.
If they believe it just destroys the money it keeps, they will start demanding a payout.