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Re:Tesla Passes Ford by Market Value by unit91 on Monday April 03, 2017 @01:11PM (#14024748)
> it's much easier to spend 100 dollars meaningfully than a 100 billion

Is that true? $100 is such a small amount of money that you're completely at the mercy of the supply chain. When you have $100B to spend, you are the supply chain (or at least a major part of it). Big money always makes the rules. They're either making money off of you now or planning to in the future.

Now you might say, "but wait, plenty of products/companies have done poorly because I wouldn't give them that $100." But that's not true. In reality, product success is always in terms of big money -- it's just spread out over enough consumers who individually have the $100 buy/don't-buy option.

Another objection: "yeah, but I always hear about big money wasting $30M (for example) on something stupid." Maybe so, but remember the scale. $30M waste on $100B is the same as $0.03 on $100. Moreover, the stupid thing they're wasting money on may not be that stupid -- you just might not be privy to all the details.

All that may sound like it's bad, but I think it's pretty great system. I sell my products at a markup to get small money, then have the discretion to buy or not buy somebody else's stuff with the money I made. En masse, I form a part of the "big money" consumer group at Home Depot, Amazon, etc. that has power over the more centralized big money.

Re:Tesla Passes Ford by Market Value by oculusthrift on Monday April 03, 2017 @02:05PM (#14025378)
Ask Eric Schmidt why Google has billions laying around in cash. You don't actually have to since peter thiel did: https://www.youtube.com/watch?v=2Q26XIKtwXQ

You can skip to 3:00 for an answer.

Re:Tesla Passes Ford by Market Value by pakitan on Monday April 03, 2017 @01:33PM (#14025019)
You're talking about power, oculusthrift is talking about capacity. Of course big money has the power. But spending that big money in a non-wasteful way is a very hard job. What would you do if you were the head of Ford and had $100B to spend? Build more plants to manufacture more cars? You won't have who to sell them to. Easiest way out is to buy other companies, which is what big money usually do.