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by AlexandrB 1193 days ago
> Companies don't "believe" things. They will amorally advocate for whatever is remotely favorable to the company.

I think this makes companies seem much more rational than they actually are. Plenty of companies do things because other players (especially larger players) in the space do it, regardless of cost/benefit to themselves. Where do you think the phrase "no one got fired for buying IBM" comes from?

1 comments

If you've been around high-level exec's or their lawyers much - there's a whole lotta "what is the maximum amount of sh*t that we could get away with, or at least might benefit from attempting?" going on.
"What is going to get that stock price higher?" aka what'll trigger my next level bonus package