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submitted 3 months ago by saneekav@lemmy.world to c/memes@lemmy.world

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https://en.wikipedia.org/wiki/Chuck_Feeney

https://www.atlanticphilanthropies.org/news/former-billionaire-chuck-feeney-philanthropist-who-pioneered-giving-while-living-has-died-at-age-92

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[-] DreamlandLividity@lemmy.world 1 points 3 months ago* (last edited 3 months ago)

Would that market cap be so high if all those employees were paid that extra million yearly?

Yes, that is what I meant by simplification.

On the other hand Google as search engine and ads (the part that makes money) needs fraction of the employees alphabet has. If they had to pay them that much, they would have never hired most of them.

[-] zeca@lemmy.eco.br 1 points 3 months ago

If they had to pay them that much, they would have never hired most of them.

exactly. A company tant doesnt overexplore its workers cannot grow like alphabet did. The underpayment of the workers is an essential feature of alphabet, and part of what makes its market capitalization that high.

This implies that the answer to my question is "no": if the workers had been paid properly from the start, there wouldnt be the discrepancy that makes the founder billionaires.