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> If you follow that trail of companies, you feel like you've hit "deep corporate america" where nothing has a founder and everything is a subsidiary of some la
by chimeracoder 10y ago
> If you follow that trail of companies, you feel like you've hit "deep corporate america" where nothing has a founder and everything is a subsidiary of some larger corporate division of something.
A corporation is literally just a group of people acting together. Much as the tech world likes to maintain the image of the visionary individual put forth by the ideology of creativity, that's of actually how the world usually works.
Most innovation happens when groups of people leverage their existing collective abilities together well.
- kerbalspacepro 10y agoA corporation is a collection of assets owned by stockholders.
- chirau 10y agoSomeone has been reading Bhandari and Weiss' "Corporate Bankruptcy'. This view ignores a very important aspect of who/what carries the liability of say violations made by the corporation.