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I'm sort of amazed how often I see this dumb take on HN. just because it's a US tech-world cultural norm for companies to mostly be run in fucking stupid short
by bananapub 3y ago
I'm sort of amazed how often I see this dumb take on HN.
just because it's a US tech-world cultural norm for companies to mostly be run in fucking stupid short term ways, it doesn't mean it's actually required. especially in the case of Google, where 1) Eric, Larry and Sergey have stiched up the entire board's voting power, 2) doesn't need to raise cash via bonds or stock at all and 3) it's a magic money tree, so investors will accept being told to fuck off and let the CEO run the company however they think it'll work best.
Google also IPOed in 2004...are you seriously suggesting that it hasn't been a
> forward thinking and innovative company
for ... 19 years? that's a pretty bold take.
- thesuitonym 3y agoI'm sort of amazed how many times this exact reply was added to my comment. Did you read any of them? Of course it's not required. It's just what happens.