• Tedrow@lemmy.world
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    9 months ago

    You can have deep wells if cash if your profit doesn’t go to shareholders. This can help sustain your team when times are tough.

    • andyquest@sh.itjust.works
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      9 months ago

      Though I share your shareholders are bad sentiment, it ain’t that simple

      Apple has the most cash out of any company in the world and they’re still “giving their profit to shareholders”

    • throwwyacc@lemmynsfw.com
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      9 months ago

      You don’t need to pay dividends to shareholders if it isn’t in the companies best interest. I don’t see how simply being publicly traded means you can’t hold a cash reserve

      • Unforeseen@sh.itjust.works
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        9 months ago

        Yeah, most public companies hold big cash reserves. Its part of flexibility and long term growth, and the ability to weather downturns and be able to take advantage of opportunities.

        Not everything is a rush to the bottom, it’s more of a middle ground. Not saying it won’t end up there, but like everything, it’s not so black and white.