Comment on [deleted]
musicalphysics@discuss.online 3 weeks agoIf you buy stocks that money goes to the previous stock holder, which is most generally not the corporation.
Comment on [deleted]
musicalphysics@discuss.online 3 weeks agoIf you buy stocks that money goes to the previous stock holder, which is most generally not the corporation.
Asafum@lemmy.world 3 weeks ago
Makes sense. For the sake of simplicity and to help my understanding say a company sells 100 stocks at $1, people buy and sell them amongst themselves after the full 100 have already been purchased causing the price to increase to $2, the company only ever took in $100 as it was the initial sale even though there is potentially $200 out there?
If that is the case then why do we even talk about “billionaires” based on their company stock prices?
noodles@slrpnk.net 3 weeks ago
I think their stock valuations are typically of the stock they own rather than total stock. Bezos for instance owns 8% of Amazon.