this post was submitted on 26 Sep 2024
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It’s a private company, so you could argue that the profits go towards the employees and the customers in the form of improvements. Not shareholders.
Now, now. What would Marx say about that?
One employee is a multi billionaire, so no, it's not a cooperative where the profit is split fairly between employees or redistributed to the customers/members.
You mean the owner?
Yuuuup
https://luxurylaunches.com/transport/gabe-newell-luxury-yachts.php
Well, that and the several billion dollars in Gaben's bank account.
Private companies are still corporations, guys.