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But that's not how shareholder value is created. Shareholder value is created by press releases and hype, encouraging new people to buy the stock and drive up the price, not by building anything useful to society or long-term profitable.

So if Google Fit drove a hype cycle, it was successful.



Yes, and that is why stock in pets.com is so valuable and why Segway, Inc, sold for so much money when it sold.




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