alt Hacker NewsHow is buying equity "giving money"?
Is it charity to buy AAPL as well?
I really don't understand your perspective
Replies
raincole • yesterday at 3:02 PM
They think OpenAI equity will be worthless so it's "giving money." Obviously Disney disagrees.
Buying already existing shares of a public company is very different from buying just-created shares of a private one.
You literally are just handing them money for a piece of paper that says “lol you now own x% of whatever this thing turns out to be worth in the future.”