Re:Every company should be owned by its employees
by cootsnuck on Thursday July 25, 2024 @09:50AM
(#41068683)
When company valuations are fundamentally based on "faith to perform well", yes. It's a product of touting a speculative economy as one of "rational actors". CEOs function as mythological heroes more than anything. So there's no number too high to pay since even their defeat can be incorporated into the ongoing myth of the brand. It's very strange to me.
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