(no title)
SpEd3Y
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1 year ago
Thing is Google lost money for many years in YouTube. Nowadays I think it's profitable but it seems unfair to ask a company to take loses for a decade or more and then force to sell it when it's making profit. If we set that precedent nobody will take risks with the next YouTube like company that loses money initially.
msabalau|1 year ago
Regardless, if the shareholders receiving stock in the a spun off company, so is not like their investment disappears. No one (should) care about some personified "Google" as if a particular corporate structure that happened to exist was actually a human being.
Also, Youtube prints an absurd amount of money, it isn't like this is some sort of change that is happening just at the moment that it finally making some money.
zanellato19|1 year ago