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I wouldn’t just assume that people working and making decisions at big companies always are rational.
by dartos 3y ago
I wouldn’t just assume that people working and making decisions at big companies always are rational.
- goodbyesf 3y agoMaybe. But if irrational people at big companies are just throwing $21 billion away, the shareholders will hold them responsible. Especially the major shareholders.
- prepend 3y agoI would if it’s $21B involved. There are massive incentives to fix that. I’m not saying it’s impossible that Google is acting irrationally. But I’m saying it’s stupid to assume they are.
- dartos 3y agoSee SoftBank investing in wework (which had a classically bad real estate management biz model dressed as a tech startup) and tell me that again.