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This scenario highlights exactly why I don't buy Google's 'no evil' claim. A public company exists for one and only one reason - to maximize shareholder value.
by johnrob 19y ago
This scenario highlights exactly why I don't buy Google's 'no evil' claim. A public company exists for one and only one reason - to maximize shareholder value. In other words, to increase the wealth of random people that nobody in the company knows.
There is only one reason to take a company public - to make money. An entrepreneur claiming to go public for any other reason is either naive or lying.