Would that market cap be so high if all those employees were paid that extra million yearly? Market caps depend on more than the actual value of the company’s product to society.
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.
Would that market cap be so high if all those employees were paid that extra million yearly? Market caps depend on more than the actual value of the company’s product to society.
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.