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A comment on CEO of Waymo John Krafcik is leaving. Parent comment

Re:CEO of Waymo John Krafcik is leaving by liaukovv on Friday April 02, 2021 @05:42PM (#26676294)
Sounds to me like what they shoukd be doing is instead of trying to "reinvest" profits from ads instead pay them out to shareholders so they can more efficiently redistibute it to multiple smaller businesses
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Re:CEO of Waymo John Krafcik is leaving by KirillPanov on Friday April 02, 2021 @07:22PM (#26676937)
But that would shrink the empire.

The kind of people drawn to "chief" positions are not interested in shrinking their empires.

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Re:CEO of Waymo John Krafcik is leaving by pclmulqdq on Saturday April 03, 2021 @08:07AM (#26680380)
That is exactly what they should do, but the fact that a majority of voting shares are held by 2 managers makes the company have a huge conflict of interest that favors growing more and more rather than pulling cash out.
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Re:CEO of Waymo John Krafcik is leaving by tehlike on Friday April 02, 2021 @11:57PM (#26678320)
They are doing share buybacks which is usually deemed more tax efficient.
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