system
Given the following post, respond as if you're commenting on Reddit:
human
ELI5: Why do stocks that will never pay dividends have any value?

EDIT: There may be a bit of confusion on this question. I understand that the price of a stock goes and you can sell it for more than you bought it for based on people's projections about the companies future performance. 

However, this doesn't answer why there is value in the first place. Pretty much every other asset I can think of (Besides Gold) Holds intrinsic value in that it either benefits you, or it's benefits can later be sold for others.

Holding onto a share of stock does not benefit me in any way, and the price only goes up based on how people feel about future performance. Without dividends, it's confusing as to where this value comes from. Though many of you have explained buy backs, or being purchased by a third party.
gpt
There are, generally, four ways for a shareholder to extract value from a company:

1.  The company pays out its profits in the form of dividends;
2.  The company is sold and the shareholder's shares are purchased by a third party; 
3.  The company buys back its own shares; and
4.  The company winds up and the shareholders take their equity stake.

So even if you never expect to get a dividend you can still get your money in one of these other ways.