this post was submitted on 15 Nov 2024
356 points (94.9% liked)
Technology
59549 readers
3085 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Public trading... it's capitalism. By law you have to try and extort every penny.
Now that I think about it I'm not sure why they had to accept investor money at all. I wonder if it would have turned out differently if they had remained 100% privately owned?
Because growth... Without the R&D money, Microsoft or Yahoo, or someone else would have figured out how to do what they do faster/better, waited until google was a forgotten name and then enshittified.