Re:Intel Brags of $152B in Stock Buybacks. Why Does It Need ...
by scotty79 on Thursday March 28, 2024 @06:35PM
(#39858214)
When company goes public its shares become tokens in the casino. Shreholders can sell their shares to people who want to gamble with them. And just one reason is sufficient for people to want to take a gamble and purchase them. It's enough that they believe that they'll be able to sell it for more later.
And they are not wrong. As long as the name on the token takes a prominent place in public consciousness people will flock to it and early investors will be able to sell it for more. If you want to see what's sufficient for people to invest in something look at shiba inu crypto token or WIF.
Who would create a company for 100k if it can sell it to gamblers for millions when it goes public? Plenty of people. There's whole industry of angel investors fuelled by thay dynamic.
And they are not wrong. As long as the name on the token takes a prominent place in public consciousness people will flock to it and early investors will be able to sell it for more. If you want to see what's sufficient for people to invest in something look at shiba inu crypto token or WIF.
Who would create a company for 100k if it can sell it to gamblers for millions when it goes public? Plenty of people. There's whole industry of angel investors fuelled by thay dynamic.