new | show | ask | jobs Github

rvba 3 days ago

Getting stock in exchange of grants makes more sense than "pure" grants.

This stock can later be sold, to benefit the taxpayer.

▲

behringer 3 days ago | parent [-]

that's not a grant. That's just buying stocks.

▲

BeetleB 3 days ago | parent [-]

It's effectively a grant. The US government isn't buying existing shares. Intel is issuing new shares and selling them to the US government - so actual money is being transferred to Intel (and existing shares are being diluted as a result).

▲

loeg 3 days ago | parent [-]

That's just buying stocks (at-the-market offering).

▲

BeetleB 3 days ago | parent [-]

Nope.

When I buy stocks at market price, the company gets none of my money.

When the company issues new stocks and sells them, the company gets the money.

▲

loeg 3 days ago | parent | next [-]

I think you're maybe unfamiliar with what an ATM offering is; try googling it.

	▲	BeetleB 3 days ago \| parent [-]
		Fair point. The key issue in the thread, which I think we both agree on, is that yes, the government is giving money to Intel.

▲

3 days ago | parent | prev [-]

[deleted]