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YouTube's next move might make it virtually impossible to block ads
(www.androidpolice.com)
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this post was submitted on 13 Jun 2024
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Google is operating at a 24% net profit margin. They don't need to get their shareholders more money...
Do you actually understand how this works? It’s a beautiful statement and oh so noble, but it just flies against how the world really works.
At some point, maybe not today, but at some point, you’re going to be saving up for your retirement. Your money will be invested; either passively or actively. If active, a fund manager (or maybe even yourself) will be spending time, every single day, wondering how to maximise the invested cash. If passive, you’re letting a WHOLE lot of fund managers make the decisions for you (wisdom of the crowd). Either way, Google better fucking perform or the investors will go elsewhere.
And you’ll be an investor too, asking for Google to do better than anyone else or you’ll take your savings elsewhere.
One thing I genuinely don't get: why does a company making this much money need "investors"? (Other than participating in the make-rich-people-richer scheme)
Once you’ve gone public, unless some entity could do an offer to take you private, you have investors (aka owners).
To take Google private would be in the region of 2.5 trillion dollars. Even the Norwegian oil fund would struggle to do that.
Because they own the company
Millennials and zoomers are not saving up for retirement, barely able to sustain themselves. They're also expecting ecological collapse to cause global famine or their own nation to go full Reich, assuming they're not killed by hurricanes, wildfire or war.
Agreed, many young people can’t save. That’s why I said “maybe not today, but at some point”. I’m not saying it’s easy for young people, I’m trying to explain why companies seek to increase profitability and that almost every investor is self-centred.
You aren't an investor if you are planning to resell. Day trading and real investment are totally at odds. It's far better (for retirement) to invest in a stable company and get a set return over time for it. We also don't even need to do that for retirement, the fact that we do is fucking insane.
You’re arguing against the world that is. I’m just trying to explain the behaviour, not necessarily condone it.
A pension fund manager may not move in and out of stocks on a daily basis, but at some point they’re going to take a look at how their portfolio is doing and react.