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> Once Google became public they were beholden to shareholders to continue to grow and increase value. That's the extra special thing about Google's brand of
by adventured 6y ago
> Once Google became public they were beholden to shareholders to continue to grow and increase value.
That's the extra special thing about Google's brand of evil. They were not beholden to the great masses of shareholders or big institutional money. They have less excuse than some other prominent companies, because Larry and Sergey (plus Schmidt) controlled the company courtesy of their stock class arrangement. They were not beholden, they chose to behave evil without the typical shareholder pressure.
Which tells you a lot about these people.
- cwhiz 6y agoI think Larry and Sergey fundamentally don't think Google is in the wrong in any way at all. The slow boil. I think Schmidt is just a cutthroat businessman.