By era
Modern, 20th to 21st century
2 entries
Concept
Dilution and the Logic of Equity
Founders own a shrinking share of a growing company because each round of outside capital issues new stock, and a smaller slice of a larger, better-funded pie can be worth more than a larger slice of a starved one.
9 min
ConceptSocial Capital
The stock of trust, reciprocity, and social connection that lets people cooperate, and that Putnam argued was quietly draining out of American life.
10 min