Better than meme coins I guess, if that's any solace?
Because these are legitimate businesses at the end of the day, albeit not all that "consumer friendly" as they probably could be!
I make jokes on how meme-coins are immune to these issues because they don't make revenue and everyone knows they won't make revenue.
Meanwhile, companies are tethered to the real world and eventually go either bankrupt, or issue a dividend (when they finally run out of ideas of how to make more money). When companies start handing out free money 5, 10, 20 years from now, people are going to be happy to be holding onto their tickets for a slice of that free money.
If you're trading stocks and have forgotten about how dividends work (literally a promised slice of the profits), or how bankruptcy works (ie: the bondholders liquidate the company, equity holders go to $0), you're in for a surprise when these things happen. The stock price varies wildly because in practice, people forget that these things are real-world entities with real-world consequences however. But eventually reality always settles in.
If its a growth company, having a vote for the board to decide upon the corporate strategy and corporate politics is hugely valuable. Maybe not to the passive investor, but to the active investors who attend meetings and such. Even if the company isn't issuing a dividend yet, the vote has value to steer the company in a direction. Later, in bigger companies where there's so many votes that its nearly impossible to be an activist investor... those bigger companies tend to issue dividends and offer a guaranteed slice of profits.
