system
Given the following post, respond as if you're commenting on Reddit:
human
ELI5: Why do companies care how their stocks are performing since they already got the money in IPO?

I know that good performing stocks means that the company can interest other investors easily. And that some of the upper management have stocks themselves, hence it is in their best interest to see that stocks prices keep rising.  

But what are other reasons for the company to care? They already have got all the money in IPO. And when stocks markets crash, why do we say that company lost money? Aren't investors the ones who lost money. Company already have all the money they acquired during the IPO. How exactly is the company losing money?
gpt
The stockholders elect the board of directors. The board hires the CEO. The CEO hires the president and he hires everyone else.

If the company performs poorly, the board will replace the CEO or, in extreme cases, the stockholders elect a new board.