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> As a publicly traded company, it optimizes for GOOG. False. The voting stock are not traded, so the founders still have irrevocable rights to do whatever the

• vonklaus 11y ago
  I meant that the company does what is in its own best interest. It does publicly trade stock with voting rights as GOOGL which has a 1:1 share to vote. It does not allow the class B stock to trade publicly which is 1:10. I meant, and you correctly pointed out was not clear or a particularly good way to verbalize, that google like most companies does what is best for itself. In googles case this is a combination of maximizing shareholder value and the vision various thoughtleaders in the company have. I do not believe google is evil or bad. I used to believe this. I now believe that google is doing a lot of great things. However by achieving horizontal success in almost every area of such a powerful concept, it effects how the landscape develops and does cause many issues. Even if we accept google is mostly good, and I mostly do, it is concerning. I hope that their voluntary meta structure will allow them to distribute fault tolerance and limit power consolidation.