2min chapter

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The PPP Omnibus: Eminent Domain, Fraud, and Fintech

a16z Podcast

CHAPTER

Is Bybacks Better Than Dividends?

The reason why companies exist is to return money to their owners. Most companies use a combination of both dividends and bybacks. The cogent argument would be like, 'We should let them fail because they didn't keep enough money on their balance sheet for a rainy day' But that's not an ideologically sound argument. That is the root of all evil.

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