Filecoin Suspends ICO After Raising $186M in One Hour

Re:Filecoin Suspends ICO After Raising $186M in One Hour by jmknoll on Friday August 11, 2017 @07:19AM (#14988459)

At the same time though, 3 of the 5 largest companies in the US have CEOs with a background in software development/computer science. 5 years ago, 0 of 10 did. There's definitely a trend toward developers having more power.

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Re:Filecoin Suspends ICO After Raising $186M in One Hour by FireBeyond on Friday August 11, 2017 @09:53AM (#14989639)

Not to be contrary, but "citation"?

This (https://en.wikipedia.org/wiki/List_of_largest_companies_by_r...) lists the 5 largest companies in the US as:

1. Walmart

2. Berkshire Hathaway

3. Apple

4. Exxon Mobil

5. McKesson

Walmart's CEO, Doug McMillon, career at Walmart was in distribution and then buying before moving to the executive.

Buffett had a background in business admin, economics and insurance.

Tim Cook has that CS background.

Daren Woods of Exxon Mobil has a degree in Electrical Engineering in the early 80s, which might be at best half a point.

John Hammergren of McKesson has a pure business background, with a Bachelors and Masters in Business Administration.

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Re:Filecoin Suspends ICO After Raising $186M in One Hour by sah2ed on Friday August 11, 2017 @10:51AM (#14990203)

I think the poster's metric was largest in terms of capitalization and not revenue. The top 5 in terms of capitalization:

1. Apple 2. Alphabet 3. Microsoft 4. Amazon 5. Berkshire Hathaway

https://en.wikipedia.org/wiki/List_of_public_corporations_by...

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Re:Filecoin Suspends ICO After Raising $186M in One Hour by davidwparker on Friday August 11, 2017 @10:45AM (#14990136)

Depends on your definition of "largest company". Revenue is one metric. Market cap is another.

https://en.wikipedia.org/wiki/List_of_public_corporations_by...

1. Apple

2. Alphabet

3. Microsoft

4. Amazon

5. Berkshire Hathaway

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Re:Filecoin Suspends ICO After Raising $186M in One Hour by microtherion on Friday August 11, 2017 @11:00AM (#14990311)

> Tim Cook has that CS background.

Does he? He certainly has decades of experience in computer companies, but his educational background was, to my knowledge, in industrial engineering.

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Re:Filecoin Suspends ICO After Raising $186M in One Hour by jamespo on Friday August 11, 2017 @07:29AM (#14988536)

That trend started further back than the last couple of years, as billg can confirm.

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Re:Filecoin Suspends ICO After Raising $186M in One Hour by chii on Friday August 11, 2017 @07:45AM (#14988638)

and yet, are those CEO's doing dev when they are being paid their large sums of money? They may have learnt something as a developer, but _doing_ development isn't their major money making activity.

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Re:Filecoin Suspends ICO After Raising $186M in One Hour by icebraining on Friday August 11, 2017 @08:44AM (#14989059)

jondubois said understand, not do.

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