Not OC, duh.

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[+] 40 points 6 months ago (10 children)
  • [–] 21 points 6 months ago

    Google isn't privately owned. It's hard to be on the stock market and not be evil. I think Costco is the only one that has managed it for any appreciable length and that is under threat of death from one of the co-founders.

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  • [–] 3 points 6 months ago

    The difference was that people pretended like Google ever had an option to “not be evil”. At the end of the day, they were a publicly traded company, and thus, line must go up, or else the collective hive mind of the public market would vote the leadership out and replace them.

    Steam is private, thus, the current leaderships can ignore the demands of the public market hive mind. Private companies can be evil, but it depends on who owns them. They’re not guaranteed.

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  • [+] 1 point 6 months ago (3 children)
  • [–] 3 points 6 months ago

    Public companies do not actually have a legal obligation to maximize shareholder value. That is a myth based on a misreading of the Dodge V Ford decisions. That specific reading of the precedent of that decisions has never actually been used in a court case to charge a CEO.

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