tech acting only when it is both politically safe to do so, and unsafe not to, due to election results, shows weakness, not strength... it shows they have a healthy fear of political power: now in new hands It would be a flex if they’d acted when there *wasn’t* a political shift
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Each corporation has a fiduciary profit maximization duty - their actions are not about showing strength or weakness but about ensuring present value of future cash flows is maximized. Today's actions are no different.
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Replying to @Samhale72 @NGKabra
I’ve never yet met a company for which that was a useful guide for any detail-level operational decision. It affects decisions like which quarter to recognize revenue and M&A. Stuff like this is a dozen layers of messy human circumstantial judgment away from that duty.
8:26 AM - 9 Jan 2021
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