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It literally just (1) keeps printing money for investors and (2) keep some people employed. Ambitious people will take the mantle every 15-20 years and do more
by bm1362 9y ago
It literally just (1) keeps printing money for investors and (2) keep some people employed. Ambitious people will take the mantle every 15-20 years and do more of 1 and 2 until they make a mistake.
The goal of a successful company is basically serving those two sets of people, Google may enter the retail market or real estate, or McDonalds will take over Cloud Computing -- they're all just trying to get a consistent return.
- kgwgk 9y ago> keeps printing money for investors Amazon doesn't give money to investors. Late investors give money to early investors. (Edit: Amazon has bought back some shares in the past, but that's far from even offsetting all the shares given away to employees...)
- zodiac 9y ago> Amazon doesn't give money to investors. You mean "Amazon hasn't given (much) money to investors so far". It's an important distinction, whether you agree with their argument or not.