Almost all of the highly profitable companies have one monopoly product and a massive associated bureaucracy doing nothing...and that is a handful of companies.

Almost all of the highly profitable companies have one monopoly product and a massive associated bureaucracy doing nothing...and that is a handful of companies. The rest are setting fire to money. Google is the worst example, they have one product that is probably 150-200% of profit, 99% of staff do nothing, and they believe they have a right to harvest income from a search product they don't work on. The economics of this system make no sense at all. Part of it is VC culture, part of it is massive corporate governance breaches, part of it is QE...it is just multiple things that defy logic. I don't think anyone should be surprised that shareholders ask questions when they see individual companies with thousands of staff who do nothing, that is normal. The bezzle of 2021 was the exception.