this post was submitted on 15 Nov 2024
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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.