Google's original founders still hold the majority of votes.
> Eventually you are an organization whose purpose is to return cash to shareholders in the near term.
Amazon's history shows that public shareholders can be very patient with cash being returned to them, or the company ever showing a profit at all. Tesla used to be in the same boat.
Shareholders are very forward looking. They just don't necessarily trust 'visionary managers' not be full of bullshit. Probably rightly so.
> Eventually you are an organization whose purpose is to return cash to shareholders in the near term.
Amazon's history shows that public shareholders can be very patient with cash being returned to them, or the company ever showing a profit at all. Tesla used to be in the same boat.
Shareholders are very forward looking. They just don't necessarily trust 'visionary managers' not be full of bullshit. Probably rightly so.