ThoughtWorks has been sold to private equity

Re:ThoughtWorks has been sold to private equity by sah2ed on Thursday August 24, 2017 @06:29PM (#15094607)

By your logic Mark Zuckerberg who became a billionaire before hiting 30 certainly doesn't deserve the bulk of his riches since there is no way he could have done by himself, all the work thousands of engineers were hired to do at Facebook.

I know you might want to say there is a fundamental difference between a privately held TW and FB which took VC money early on, but I'm fairly confident that if Zuck thought he could build FB without taking VC money, he'd have gone that route, instead he went with dual-class shares as a reasonable compromise to retaining control of his company.

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Re:ThoughtWorks has been sold to private equity by jacknews on Thursday August 24, 2017 @09:29PM (#15095468)

Yes that is exactly my logic, and no I don't want to say there's any difference between TW and Zuckerberg - they do not deserve to own the entire company, which has been built by all it's people.

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Re:ThoughtWorks has been sold to private equity by jacknews on Thursday August 24, 2017 @07:05PM (#15094833)

yes, that is exactly what I would say, and no, I don't see much distinction between TW, Zuck, Bezzos, Page/Brin et al.

Sure in some cases people have risked money to start a business, or it's been built around a new idea or patent etc, and that should give the owners a disproportionate share of the company value/profits.

But not all of them.

The companies get built by all their people, not just owners, and the value of the company pretty much represents (albeit very indirectly) the difference between what those people have created, and what they've been paid.

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