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It's hard enough to figure out how much money a product will make when you're building, but you want companies to come out with SEC-acceptable projections for h
by tomkarlo 15y ago
It's hard enough to figure out how much money a product will make when you're building, but you want companies to come out with SEC-acceptable projections for how much they would have made on projects they chose not to build?
It's very hard to figure out how much individual feature elements in a huge product or service earn or lose. It's similarly hard to put numbers on the damage to brand done by a privacy violation or breach of trust costs a company. Attempting to guide company ethics via financial metrics just leads to people finding loopholes in the math.
- ChuckMcM 15y ago"It's hard enough to figure out how much money a product will make when you're building, but you want companies to come out with SEC-acceptable projections for how much they would have made on projects they chose not to build?" Historically this is precisely why Google has declined to provide any guidance at all. At the time Google starts being able to provide SEC-acceptable guidance on their income I would expect the creative people there will have left. As WOPR would say, "The only way to win is to not play the game."