How does paper money work?

Amazon / Eng cayde
May 3 6 Comments

Can you literally not do anything with it, or are there well established mediums to sell the shares?
Stripe seems to pay well, but they also say they have no plans to IPO soon.

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TOP 6 Comments
  • VMware SweetPease
    I feel there are a lot of somewhat related words here but I am struggling to find the meaning.
    May 3 0
  • Google / Other
    snidely

    Google Other

    BIO
    Flagged by the community
    snidelymore
    Funny money. Not paper money.
    May 3 0
  • Facebook AyyoLeMayo
    Theres the secondary market, but very low liquidity and most of the times you will get a terrible price (30-50% discount, maybe more) for your shares.

    The reason it is called paper money is because its pretty much worthless until the company IPOs, which may never happen.
    May 3 0
  • Salesforce hdhdjen
    Stripe does buybacks yearly. It’s not paper money.
    May 3 2
    • Amazon / Eng cayde
      OP
      Oh! Didn't know that!
      May 3
    • Facebook / Eng kdjdhhec
      How does buybacks work?
      May 12