LogFAQs > #912143227

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Topic	lmao Smosh is having a meltdown because they don't know how capitalism works.
darkknight109 11/10/18 12:41:55 AM #10:	THEGODDAMNBATMA posted... Zangulus posted... THEGODDAMNBATMA posted... Krazy_Kirby posted... i thought you needed an actual amount of money to sell (usually a dollar is used). if it was $0 then that isn't a sale, it's a gift It was sold for stock in a company that never went public. So? That doesnt mean the stock has no value. yes it does No, it really, really doesn't. Shares in privately held companies can be every bit as lucrative as those in publicly traded companies. I have no idea why on Earth you'd think that shares for a private company have no value - like, if someone offered to give you shares in Ikea, would you turn them down? --- Kill 1 man: You are a murderer. Kill 10 men: You are a monster. Kill 100 men: You are a hero. Kill 10,000 men, you are a conqueror! <cite>darkknight109 posted [p:912143227] in lmao Smosh... [t:77186196]...</cite> <quote><cite>THEGODDAMNBATMA posted...</cite> <quote><cite>Zangulus posted...</cite> <quote><cite>THEGODDAMNBATMA posted...</cite> <quote><cite>Krazy_Kirby posted...</cite> <quote>i thought you needed an actual amount of money to sell (usually a dollar is used). if it was $0 then that isn't a sale, it's a gift</quote> It was sold for stock in a company that never went public.</quote> So? That doesnt mean the stock has no value.</quote> yes it does</quote> No, it really, really doesn't. Shares in privately held companies can be every bit as lucrative as those in publicly traded companies. I have no idea why on Earth you'd think that shares for a private company have no value - like, if someone offered to give you shares in Ikea, would you turn them down? --- Kill 1 man: You are a murderer. Kill 10 men: You are a monster. Kill 100 men: You are a hero. Kill 10,000 men, you are a conqueror!</quote> ... Copied to Clipboard!
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