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by alphapapa
4011 days ago
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> Ultimately though, something is worth whatever you can sell it for. If you can sell your marketing buzzword lingo and "mutually beneficial enterprise deals" for $100 million, maybe it really is worth that much if it's adding value to someone somewhere. Theoretically you're right. But I think that the way big corporations are structured and run, the people who make the decisions are so far removed from reality, that the values are incredibly distorted. It costs some exec $0 out of his own wallet to spend $100 million out of his corporation's budget. But, like you said, he can then use the built-in buzzwords to further his own corporate career as he pivots to his next job. And since it doesn't promise much, and since its impact isn't really measurable anyway, the risk to his own career is minimal. But as far as providing actual value to shareholders or customers--that seems a far cry from what it is sold for. |
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