This company isn't offering voting rights nor planning dividends. What's the benefit of owning shares, other than trying to choose the right moment to sell them to other speculators?
The benefit is that you might receive dividends later on, after a period of revenue growth.
Granted, it'll be years if not decades before SNAP pays a dividend, if it succeeds at all. But on the flip side, SNAP's future dividends could turn out to be worth much more than the current price, even after discounting for risk and the opportunity cost of your capital.
dlubarov|9 years ago
Granted, it'll be years if not decades before SNAP pays a dividend, if it succeeds at all. But on the flip side, SNAP's future dividends could turn out to be worth much more than the current price, even after discounting for risk and the opportunity cost of your capital.