Jan 19, 2021
12:36:36pm
12:36:36pm
This is all true. I've also learned that there are different classes of stock in privately held firms.
The higher levels of stock have guaranteed payouts that have to happen before the lower levels get paid anything, so if the company is only moderately successful (instead of hugely successful), the lower levels of stock are worthless.
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- El Jefe
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This is all true. I've also learned that there are different classes of stock in privately held firms.
1/19/21 12:36pm
1/19/21 12:41pm
1/19/21 12:42pm