Google is evil
In the Biblical story, the serpent tempted Eve by offering
something she desired -- to be like God. It's appropriate
metaphor for every shyster that followed. Evildoers follow
a consistent pattern of offering something tempting that
masks something else. It's the art of misdirection that
assures them power or profit -- often both. If there is a
definition of evil, it's taking advantage of others for
personal gain. The more people, the more evil. Greater
the trickery, eviler still.
That sums up my assessment of Google's non-voting split
revealed yesterday concurrently with first-quarter earnings
. Stock-split seemingly gives investors twice as many
shares as they have now. But half will be non-voting ones,
diluting shareholders' say in Google's doings. Essentially,
the company seeks to have it both ways -- be private
while having the benefits of public investment. The most
disruptive company of the 21st century is at it again.
The implications are seemingly astounding.
As I opined in December 2010: "If there is a devil, a Great Satan
of modern technology companies, Google is it". Yesterday's
stunning proposal is more confirmation.
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