asntbqjkwbucaa

5 ms·

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by asntbqjkwbucaa 8y ago
Ah, okay. Thanks!
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by asntbqjkwbucaa 8y ago
Do you mind explaining more? I was under the impression that a corporation can take a tax deduction for charitable donations. There's a line item for it on Form 1120 ( https://www.irs.gov/pub/irs-pdf/f1120.pdf
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by asntbqjkwbucaa 8y ago
I always assumed the reason was to generate $XXX million in donations for a tax deduction for the grocery store chain.
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by asntbqjkwbucaa 8y ago
Nothing personal, but I find this kind of naive ideological sentiment to be one of the least endearing features of Hacker News. For whatever reason, a lot of technical people were sold on conservative ideas under the banner of libertarianis
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by asntbqjkwbucaa 8y ago
Well I think taken literally, "not maximizing profit" can't possibly be sufficient grounds for an action. Nobody really has any idea of whether any particular strategy is profit-maximizing, so it's hard to believe a comp
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by asntbqjkwbucaa 8y ago
To have standing you need to show that you are an injured party. I believe the original commenter was saying that not attempting to maximize shareholder value is in some cases an injury that is sufficient for an investor to bring a suit. I
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by asntbqjkwbucaa 8y ago
With early stage companies, often what happens is investors subsidize an investment precisely because they know what the profit strategy is and because they think it's strong. With Uber, Travis was attempting to undercut competition. I
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by asntbqjkwbucaa 8y ago
It's true that investors can sell if profit isn't being maximized, but how often does that happen in privately held companies? E.g. if startup X has the tech to take over a market, but is insufficiently pursuing a profit opportuni
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by asntbqjkwbucaa 8y ago
I think the parent meant something closer to legal standing ( https://en.wikipedia.org/wiki/Standing_(law) ) than an obligation. The investors have actions available to it than can punish executives for not pursuing prof
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by asntbqjkwbucaa 8y ago
I'll second this. Wikipedia is a great resource for this stuff. Also, check out some of the common frameworks like Porter's 5 Forces, SWAT analysis, BCG Growth-Share matrix, and the GE-McKinsey matrix. There are a lot of free educ