memes

10567 readers

4797 users here now

Community rules

1. Be civil

No trolling, bigotry or other insulting / annoying behaviour

2. No politics

This is non-politics community. For political memes please go to [email protected]

3. No recent reposts

Check for reposts when posting a meme, you can only repost after 1 month

4. No bots

No bots without the express approval of the mods or the admins

5. No Spam/Ads

No advertisements or spam. This is an instance rule and the only way to live.

Sister communities

[email protected] : Star Trek memes, chat and shitposts
[email protected] : Lemmy Shitposts, anything and everything goes.
[email protected] : Linux themed memes
[email protected] : for those who love comic stories.

founded 2 years ago

MODERATORS

Tenthrow

The_Picard_Maneuver

[email protected]

860

The only good billionaire (lemmy.world)

submitted 2 days ago by saneekav to c/memes

129 comments fedilink hide all child comments

https://en.wikipedia.org/wiki/Chuck_Feeney

https://www.atlanticphilanthropies.org/news/former-billionaire-chuck-feeney-philanthropist-who-pioneered-giving-while-living-has-died-at-age-92

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 1 points 6 hours ago (1 children)

Would that market cap be so high if all those employees were paid that extra million yearly? Market caps depend on more than the actual value of the company's product to society.

[–] DreamlandLividity 1 points 4 hours ago* (last edited 3 hours ago)

Would that market cap be so high if all those employees were paid that extra million yearly?

Yes, that is what I meant by simplification.

On the other hand Google as search engine and ads (the part that makes money) needs fraction of the employees alphabet has. If they had to pay them that much, they would have never hired most of them.