4 ms·
Maybe that's the problem is that we only value as a culture what is valuable to investors.
by gerbilly 8y ago
Maybe that's the problem is that we only value as a culture what is valuable to investors.
- malvosenior 8y agoThose investors were most likely paying your friend's salary. Also, don't forget the massive data breaches Yahoo! has had. They are a huge net negative on the internet.
- gerbilly 8y agoThe advertising revenue was likely paying my friend's salary. The investor's make money off of Yahoo (or lose) because they had enough money lying around to buy a stock or mutual fund.
- malvosenior 8y agoIt depends. Companies raise money to scale operations. Without the IPO and earlier venture capitalists, Yahoo! wouldn't even exist.
- gerbilly 8y agoWithout the workers, Yahoo wouldn't exist. In fact workers can form and grow a company alone, but passive investors can't.
- malvosenior 8y agoYahoo! didn't grow the company alone though, they used investors. Getting a return on investment is the entire reason a company exists, otherwise it's a non-profit.
- bdcravens 8y agoImagine if the hiring manager took the same attitude when it came to discussing your friend's salary.
- elliekelly 8y agoYou're absolutely right. Though I'm not sure Yahoo really adds value to anyone. Their platform is clunky, the can't seem to manage even the most basic level of user data security, and they can't seem to figure out a way to make money. We should value more than just investor profit but I don't necessarily think Yahoo is an example of valuing profitability over everything else.