• abbadon420@sh.itjust.works
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    2 days ago

    It’s not about the company. It’s the investors that are making the profits. They dont care whether its making a profit or not, as long as they are making a profit themselves.

    • snooggums@piefed.world
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      2 days ago

      How are the investors making a profit when the company is being run at a massive loss?

      Probably selling their shares to the next grifer or something, I don’t know how the stock market casino actually works.

      • abbadon420@sh.itjust.works
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        2 days ago

        Yeah that’s basically it. They’re betting that they’re not holding the shares when the company falls. Sometimes they are actually betting the opposite

    • exu@feditown.com
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      1 day ago

      OTOH OpenAI is not on the public stock market, so current investors can’t really sell their shares and there’s no way they actually raise the valuation it has.