I’ve been watching old episodes of shark tank/dragons den. I know that: ludicrous amount of money for <10% = laughable deal, but I don’t know what it means to have a percentage in the company. My understanding is it’s how much of a say you have in the company? Not even sure that’s right.
In: Economics
It literally means how much of the company you own.
This is dumbed down but if you own 10% of the shares you’re entitled to 10% of the profit and own 10% of all the companies assets.
It’s also not always ‘laughable.’ I’m sure you would be ecstatic to own 10% of Apple.
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