4月 012006
isologue: 地獄を見るか?「ストックオプションの費用化」
ファイナンスって重要なんだけどさ。
ファイナンスとは、資金を集めるための方法論。
資金を集めるには、借金だけじゃなくて、
株を発行したり、社債を発行したり・・・
借金をする場合には、何かを担保にするんだけど、
今は将来利益や、成長性を担保にお金を借りたりする。
とても複雑怪奇な世界となっています。
で、思うのだけれど・・・
そこまで苦労して、大きなお金を集めて、投資する。
本人らはとても複雑なことをやっていて面白いんだろうけど、
複雑怪奇なファイナンスをやっている会社って、基本的に信用しません。
お金を集めてもさ、結局は使いようなわけで、
どっかのおまごさんのように、自分の野望を達成するためのツールとして使うのならいいけど、
所詮投資のために・・・っていうのは、借金して株を買うという、危なっかしい話なわけですから。
ということをつらつらかいてみました。
うそのひとつもいれておけよな。おれ。
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