4 ms·
> Is this some kind of money funneling scheme or an exec's pet project? Nearly every large scale institutional / bureaucratic initiative is a money funneling s
by CyberRabbi 4y ago
> Is this some kind of money funneling scheme or an exec's pet project?
Nearly every large scale institutional / bureaucratic initiative is a money funneling scheme. It doesn’t cost 300M to get a streaming service off the ground. Execs and middle managers all the way down figure out some way to inflate the budget and redirect it in ways that will profit them. It’s worse in government, exorbitant amounts of tax money is extracted as profit.