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by londons_explore 450 days ago
Only for companies who are profitable or might be profitable in the future.

If the company has no chance at future profit, it becomes a simple share of assets. There are plenty of companies with assets only and no revenue or employees.

2 comments

There are tons of examples of unprofitable companies, with no visible prospect of ever becoming profitable, trading at increasingly-higher values. Every tech bubble has their share of these.
yeah but 23andme was already falling when she wanted to buy the shares. It was overvalued and people already lost trust at the site.
Are assets not also worth "what somebody wants to pay for them"?