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When Facebook makes a decision, it is to maximize business value, as in shareholder value. I once discussed this with a US Attorney. Shareholder value is actua
by MichaelSalib 16y ago
When Facebook makes a decision, it is to maximize business value, as in shareholder value.
I once discussed this with a US Attorney. Shareholder value is actually a fairly nebulous concept. All sorts of corporate actions that promote goodwill in the community can be cast as improving shareholder value, even if they are not profitable. Shareholder value requires a great deal more subjective assessment than one might think. So I don't think it makes sense to speak about corporate motivations exclusively in terms of narrow short term profit motive.
(There really aren't any examples of 100% anything goes capitalism in the world.)
Somalia?