this post was submitted on 13 Jun 2024
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[–] [email protected] 9 points 6 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)

[–] [email protected] 1 points 6 months ago

Because they own the company

[–] [email protected] 6 points 6 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.