> They are losing money via dilution for the shareholders at the time that they issued the stock.
I'm not sure what you mean by "losing money via dilution". Companies don't lose money via the market repricing their shares. Shareholders may lose money. But in aggregate, there are also more shareholders, so one group of shareholders loses some money and another group of shareholders gains some money. In aggregate, shareholders don't lose money.
I'm not sure what you mean by "losing money via dilution". Companies don't lose money via the market repricing their shares. Shareholders may lose money. But in aggregate, there are also more shareholders, so one group of shareholders loses some money and another group of shareholders gains some money. In aggregate, shareholders don't lose money.