this post was submitted on 22 Aug 2024
812 points (95.7% liked)
Political Memes
5203 readers
2758 users here now
Welcome to politcal memes!
These are our rules:
Be civil
Jokes are okay, but don’t intentionally harass or disturb any member of our community. Sexism, racism and bigotry are not allowed. Good faith argumentation only. No posts discouraging people to vote or shaming people for voting.
No misinformation
Don’t post any intentional misinformation. When asked by mods, provide sources for any claims you make.
Posts should be memes
Random pictures do not qualify as memes. Relevance to politics is required.
No bots, spam or self-promotion
Follow instance rules, ask for your bot to be allowed on this community.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Do you think he just magicked up an investment? He built a company bought by yahoo. How do you think he created the company broadcast up to that point? By himself? Or did he perhaps have employees who did the hard work?
Building the company isn't what made him a billionaire. Yahoo grossly overpaying for it is what made him a billionaire.
And who profited, disproportionately, from the company's acquisition by Yahoo? The employees who worked to build it into what it was?
Did they get their fair share of that 'grossly overpaying' by Yahoo?
They didn't?
I sort of agree with you that you can only become a billionaire by stealing someone else's money, but in this case I think your argument is kind of bad.
If Yahoo overpaid, it's not the employees of his own company that Cuban took the money from, but rather indirectly from Yahoo's employees (former and current up to that point).
I also have to say, as far as ethics goes, there is enough indirection there that unless you were a dyed in the wool communist you would have problems finding fault with it. The shell game sufficiently blurred where the capital originally came from and it looks more like winning the lottery than exploiting your employees to the people receiving the big paychecks.
Similar things can be said about venture capital recipients. They get money, and obviously it's money that the people who gave it to them did not do sufficient work for them to have gotten it themselves, but the source of that money is so convoluted that it might as well be gambling profits.
I'm not actually saying it's ethical, and I referred to it being a shell game. I wasn't talking about shell companies. Awesome meme though great job! 👍