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A comment on Ask HN: Why do companies care about their own valuation?.

Re:Ask HN: Why do companies care about their own valuation? by BOOSTERHIDROGEN on Wednesday May 13, 2020 @05:50AM (#23165194)
Same thing with stock market, I couldn’t understand that people swapping stock amongst themselves. No money going into productive use
[ Parent | on HN ]
Re:Ask HN: Why do companies care about their own valuation? by blueterminal on Wednesday May 13, 2020 @05:53AM (#23165210)
You buy a portion of the business. Why wouldn't you want to do that if you have some cash and see a nice deal? It's a beautiful system.
[ Parent | on HN ]