News for hackers. Stuff that matters.
Re:Google gave investors a $70B buyback,and laid off 12,000 ... by FredPret on Sunday May 12, 2024 @10:11AM (#40334638)
No. Employee value and customer money can only contribute to a system once investor money and entrepreneurship construct that system.

“Merely started in the right time and place to meet demand” is something of an understatement. Try it sometime before you gloat about how easy it must be versus the employment end of the business.

Re:Google gave investors a $70B buyback,and laid off 12,000 ... by piva00 on Sunday May 12, 2024 @10:47AM (#40334915)
It's all interdependent, investors without workers and customers would never make money, workers without someone with capital injection to start the business would not have places to be employed at.

Most of the value was generated by labour though, not by investments, do you agree? There's no value generated by a pile of cash somewhere, you need someone to do something so it can increase in value somehow.

Re:Google gave investors a $70B buyback,and laid off 12,000 ... by FredPret on Sunday May 12, 2024 @11:47AM (#40335358)
Of course it’s interdependent.

> Most of the value was generated by labour though, not by investments, do you agree?

Not sure how this seems logical to you. Both components are required, so you can’t really compare numerically.

Given how many people start and fund successful businesses from the ground up, versus how many people have successful careers, it seems clear to me that the start is by far the hardest part.

This lines up with my experiences as an employee, investor, and entrepreneur.

Re:Google gave investors a $70B buyback,and laid off 12,000 ... by piva00 on Sunday May 12, 2024 @12:51PM (#40335816)
Both components are required but as much as you want to start a business if you don't have labour to actualise the idea/business, ramp it up, etc. you simply don't have a business. There's no value without labour, that's a given not much up for discussion.

The start can be the hardest part but it's definitely not where most of the value comes from, that's what I'm saying.