this post was submitted on 17 Oct 2023
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[–] [email protected] 17 points 10 months ago (2 children)

Honestly, when I think of the word "corporate" with its negative baggage, the last entity I will think of is Valve. They've been consistent and good for the past decades thanks to Gabe Newell. If there is any rich tech mogul who should be celebrated more than Elon Musk or Bill Gates, it's Gabe.

[–] [email protected] 9 points 10 months ago (1 children)

Not in the least because Elon Musk is a complete idiot that has only managed to whittle literal billions of dollars just by being himself.

Every good company he has touched was either built from the ground up by someone else, like Tesla & PayPal and remains profitable in spite of his existence, or was built from the ground up by someone else and was subsequently ran into the ground - See Twitter.

[–] [email protected] 5 points 10 months ago

Also most of his reported wealth is tied up in dubious stocks and unprofitable companies, the value of which would fall faster than the speed of gravity if he suddenly needed to access a significant amount value without a stock backed loan...

[–] [email protected] 3 points 10 months ago