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Re:My Sixth Year as a Bootstrapped Founder by OJFord on Friday February 16, 2024 @12:19PM (#39399980)
What's the difference when the 'product' is the company itself? When a buyer comes along offering 7-15x the company's earnings for it, why is that not 'the actual value it provides' them?
Re:My Sixth Year as a Bootstrapped Founder by Aerbil313 on Friday February 16, 2024 @12:26PM (#39400092)
Company acquisition is possible without the existence of a stock market. What I’m objecting to is the latter.
Re:My Sixth Year as a Bootstrapped Founder by kuresov on Friday February 16, 2024 @12:33PM (#39400195)
IPO/stock market was not mentioned anywhere in the post. It’s much more typical to be acquired than to go public.
Re:My Sixth Year as a Bootstrapped Founder by Aerbil313 on Friday February 16, 2024 @12:41PM (#39400320)
Sorry, you’re right. Confused the two for a second.
Re:My Sixth Year as a Bootstrapped Founder by avarun on Friday February 16, 2024 @02:11PM (#39401601)
You're the only one that mentioned the stock market at all, so I would question if you know the difference you're alluding to here.
Re:My Sixth Year as a Bootstrapped Founder by OJFord on Saturday February 17, 2024 @04:53AM (#39408008)
As others pointed out, nobody else mentioned sale by public offering.

But let's go with it anyway, why is that different? It's just a way to have multiple owners, more easily very many of them than you could manage in a private sale. So why is the stock price not the actual value people see that slice of the company as providing them?