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Yes yes, though you forgot the "(except on Windows phone)" part ;P... but the issue is that if the company ever has to make a serious decision between better organizing the world's information and making more money for shareholders and it doesn't optimize for the money, then that's where the fiduciary duty part comes in and why it seems entirely fair to say that that's the company's actual purpose, not whatever tag line makes them feel better about it (and yes: this is why public companies are essentially all inherently evil).



There's no fiduciary duty to make money for shareholders - that's Friedman's Big Lie that's been memed into virtual law.

The fiduciary duty of company board to shareholders is to not steal or flagrantly mismanage the company (for example by actions benefit board members but negatively impact company operations).

Making a profit and sharing it with shareholders is not a requirement nor duty.


Public Benefit Corporations are one solution to this dilemma and they can be publicly traded.

https://www.natlawreview.com/article/public-benefit-corporat...




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