this post was submitted on 08 Aug 2026
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Technology
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CEO is legally required to maximize shareholder returns. Replacement CEO incoming.
I guess it would be better to make Roblox a non profit but then how they gonna get in front of so many kids...?
Maximizing shareholder value also includes maximizing the non-tangible value of the Roblox brand (something that could be harmed by short-term cash grabs), but unfortunately many investors only think one quarter at a time.
"One quarter at a time" is being generous I think. They think microsecond to microsecond a lot of the time because that's how you carve corners off of the market.
Not necessarily. Look at apple, they could sell everything they have, land, precious metals, stock, patents and have a bumber year beyond any market history and shareholders would get massive results. The CEO can make decisions that are not immediate.