[muzani]

Most of these giant tech companies grow to be such sizes because of a huge market and highly profitable product.

They can pretty much do whatever they want and still make money. Most shareholders don't really care about what happens in there. Money in, money out.

I think a lot of people also falsely hold on to the belief that money validates process. FB had some terrible processes going on and yet people kept cheering them on. Then when stock prices plummeted, they blamed it on the most recent event, rather than asking why FB rebranded to Meta.

It's similar here. Revenue is a lagging indicator. Many shareholders are happy to blindly trust the leadership and paying them huge containers of money as long as stonks go up.

[coffeebeqn]

Besides what tools do investors have to affect change at a 100k people company? They can replace the CEO maybe but that hardly ever magically fixes things.

Are the other fortune 100 companies better or worse managed than Google?