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Is $59B in _net profit_ last year (~double the year before) enough? No, it's not! Let's transfer another few $B from workers to our needy shareholders. Upward
by insane_dreamer 1y ago
Is $59B in _net profit_ last year (~double the year before) enough?
No, it's not! Let's transfer another few $B from workers to our needy shareholders.
Upward and onward!
- HDThoreaun 1y agoThe goal of a company is to maximize profit, not reach a number and decide that is enough.
- Ekaros 1y agoI think these days goal of a publicly traded company is to maximise the stock price for next 3 months.
- yifanl 1y agoIf this was the case, then every company on the planet would be dealing fent on the side. Given this is not happening, we can conclude that there are secondary objectives of companies.
- ThrowawayR2 1y agoWhy would anyone gripe about "needy shareholders" on a site paid for and run by a tech VC firm for tech startups, founders, and fellow venture capitalists? If you disapprove of too much money going to shareholders, you're in the wrong place to find a receptive audience.
- insane_dreamer 1y ago> If you disapprove of too much money going to shareholders, you're in the wrong place to find a receptive audience. On this point the audience and I are on opposite sides, and that's fine by me :)