Companies are far from all-knowing and perfectly rational agents. They are made of people. Also, growing from a lean company into a too-big-to-fail behemoth (w

Companies are far from all-knowing and perfectly rational agents. They are made of people. Also, growing from a lean company into a too-big-to-fail behemoth (which happens all the time) is very valuable to CEOs & co. It what makes you graduate from billionaire to billionaire with political power.