4 ms·
Market cap is actually a quite precise estimation of what company offers to the world. Money is just information about usefulness. If you are useful to other p
by vogre 6y ago
Market cap is actually a quite precise estimation of what company offers to the world.
Money is just information about usefulness. If you are useful to other people you've got money. If someone is useful to you, you give money.
- andresgottlieb 6y agoExactly. Unfortunately we humans have a tendency to believe that we can understand what's useful for the rest of the people better than themselves.
- johannes1234321 6y agoSo parenting isn't useful and children should pay their parents? - Just to show that there are other factors at play as well and not all can be measured in money. To go back to the Microsoft case: They played the market well, that there are no alternatives in some areas and a new owner has hardly a chance to go there.
- vkou 6y ago> So parenting isn't useful and children should pay their parents? They should, most cultures express it in the form of an expectation that children take care of their parents in their old age.
- nix23 6y agoLike Theranos?
- deleted 6y ago[deleted]