Comment on Anon doesn't tip
drake@lemmy.sdf.org 5 weeks agoSorry, I probably should have explained better, it’s a bit of intentionally misusing the meaning of the term “value” for a joke - the original greentext said “25% of the value of the food”, so if you think of the amount of money required to purchase the raw ingredients and the labour required to create the final meal, that could be considered 100% of the food’s value. So if the food cost $5 to make, the company would sell it at $12.50 to get 250% of the “value” of the food.
But the term “value” usually refers to whatever the customer is willing to pay in exchange for a product, so the joke has an extra meaning - the CEO demands to be paid 2.5x more than anyone is actually willing to pay for it.
GreyEyedGhost@lemmy.ca 5 weeks ago
Hey, that’s fair, and I obviously didn’t get the play on meaning.
And as for the rest, I was flabbergasted when Amazon only had losses of $400 million one year and their stocks went up. Amazon went on to produce some value, and profits, and then screw over a number of businesses and employees with their market dominance in the online store business before completely abandoning any standards for the sake of profits. So the only thing I’m certain of in the stock market or industry values in general is that I’m woefully unqualified to determine what’s valuable or not.