Re:What Bitcoin Is Teaching Us
by betterunix on Wednesday April 10, 2013 @12:24PM
(#5526134)
"What is Google public stock backed by?"
The equity of Google -- if the company is liquidated, stockholders are entitled to the proceeds after bondholders have been paid. You can read the prospectus if you are curious about what a share of a company's stock actually means.
The equity of Google -- if the company is liquidated, stockholders are entitled to the proceeds after bondholders have been paid. You can read the prospectus if you are curious about what a share of a company's stock actually means.