this post was submitted on 24 Jan 2025
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Late Stage Capitalism

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[–] damnedfurry@lemmy.world 10 points 5 days ago* (last edited 5 days ago) (2 children)

Not really a Return on Investment if there's no actual "return".

Their valuation decreased, but none of our wallets got fatter as a result. The price tag's number just changed.

This by itself doesn't really help anyone who's struggling. It's frustrating to see so much focus on a net worth number changing, as if that actually helps anyone.

[–] howrar@lemmy.ca 7 points 5 days ago

Valuation decreased because they're expected to earn less in the future, with lost profits approximately proportional to the drop in value. If they earn less, it's probably because they're going to be exploiting fewer people and they're getting that much less money from these people. I would count that as a return.

[–] yetiftw@lemmy.world -2 points 5 days ago (1 children)