this post was submitted on 19 Feb 2026
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[–] XLE@piefed.social 2 points 2 months ago (1 children)

Look up "shareholder primacy". It's enshrined in law.

BTW you said Midjourney is a profitable company elsewhere. Can you provide a source?

[–] ThirdConsul@lemmy.zip 1 points 2 months ago* (last edited 2 months ago) (2 children)

It literally isn't. Google shareholder primacy and you'll notice its a norm, not a law (in the USA).

You can also Google Midjourney.

[–] XLE@piefed.social 1 points 2 months ago (1 children)

Why don't you show us your Google result that proves Midjourney made of profit?

[–] ThirdConsul@lemmy.zip 1 points 2 months ago (1 children)
[–] XLE@piefed.social 1 points 2 months ago

Holz told The Register in August 2022 that the company was already profitable.

Is this still the case?