581–590 of 607 posts
I'm not a proud man.
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One seventh of the world's population is Indian born, so perhaps not so surprising...
Nope, still pretty surprising. China, Brazil, Russia are all humongous populations - dramatically fewer reps than India.
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It is indeed. That was my point. It's difficult to discern megacorporations from their dystopian film counterparts now.
The only difference beteween evil dystopian sci-fi megacorporations and successful life-enhancing megacorporations is that the former are doing it wrong. And you don't see the latter too often in sci-fi these days; I blame the fashion of the time. ;)
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Or they're saying "so that the adults who supervise moneymaking won't bother the moonshot meetings at abc.xyz and spoil the fun with all their blather about next quarter's earnings".
Or they're saying "We're personally tired of the boring but profitable business of selling ads. Let's replace ourselves and focus on the cool stuff."
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Aren't the Class B shares the major voting shares, with 10x as many votes per share as Class A (10 vs 1)?
Correct: Class C - 0 Votes (GOOG) Class A - 1 Vote (GOOGL ~4% higher cost per share) Class B - 10 Votes (Not publicly traded)
Sure, I like all the weird sideprojects, but what happens when they decide to build a 100B Monolith on a moon? If you happen to own Class C shares, you have no say.
If you own Class C and to some extent A shareholders get a raw deal.
The Class B holders have their cake and eat it too.
It just feels morally wrong that someone owning 20% or 15% of company controls 50+% of the votes.
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Nope, still pretty surprising. China, Brazil, Russia are all humongous populations - dramatically fewer reps than India.
I wouldn't say surprising. India's the only one of those you mentioned that has a significant English-speaking population - and connections to the English-speaking West as a result of being a British colony.
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Nope, still pretty surprising. China, Brazil, Russia are all humongous populations - dramatically fewer reps than India.
I wouldn't say surprising. India's the only one of those you mentioned that has a significant English-speaking population - and connections to the English-speaking West as a result of being a British colony.
The fact that middle/lower class Indian-born and educated individuals are now running corporations with the size and impact of Google, Adobe, Nokia, Deutche bank, Pepsi, Microsoft and the likes is just down right stunning. They've broken through cultural, racial, societal, stereotypical, psychological and economical barriers at an extreme level to do so. This needs to be academically investigated.
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I think you're taking the concept behind the name a little too literally... They're not going to collect one company per letter just so they can have an "alphabet" of 26 companies. The name just implies that they have a collection, a variety, a spectrum of companies.
The alphabet is better than planets because you can always throw in more Unicode letters, while those damn astronomers took away a perfectly good planet!