this post was submitted on 13 Jun 2024
607 points (96.5% liked)

Technology

59534 readers
3183 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. 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
[–] bravesirrbn@lemmy.world 9 points 5 months ago (2 children)

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)

[–] sunbeam60@lemmy.one 6 points 5 months ago

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.

[–] iopq@lemmy.world 1 points 5 months ago

Because they own the company