this post was submitted on 13 Aug 2026
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Technology

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[โ€“] oppy1984@lemdro.id 6 points 2 days ago (1 children)

You're thinking long term strategy, YT is owned by Alphabet, a publicly traded company, they are only able to think in quarters. All that matters is short term gains for investors, and besides once the short term gains run out the investors will just dump the stock and move on to extracting what they can from the next company.

[โ€“] bedwyr@piefed.ca 3 points 1 day ago

Very true, public firms can't see past their next few sets of financial statements.