Comment Re:The self-hype is staggering (Score 1) 39
<i>A makes X, and B-Z buy X, and A owns some or part of each of B-Z. So how much is A paying themselves and how much is actual growth?</i>
This is actually fairly common in enterprise: your largest customers are also your providers. That way, both sides benefit and less money actually exchanges hands.
Say company X makes toilet paper. To make that toilet paper, it needs electricity (sourced from company E), machinery (sourced from company M), wood pulp or pulp slurry (sourced from company P), a financial institution (bank B), etc. Well, in today's world, all of those companies (E, M, P, B, etc) will be X's customers. The thinking is my electric company, my bank, my... need toilet paper, so I'm going to buy electricity, financial services, etc from them and they'll buy toilet paper from me. Tit for tat.
This is actually fairly common in enterprise: your largest customers are also your providers. That way, both sides benefit and less money actually exchanges hands.
Say company X makes toilet paper. To make that toilet paper, it needs electricity (sourced from company E), machinery (sourced from company M), wood pulp or pulp slurry (sourced from company P), a financial institution (bank B), etc. Well, in today's world, all of those companies (E, M, P, B, etc) will be X's customers. The thinking is my electric company, my bank, my... need toilet paper, so I'm going to buy electricity, financial services, etc from them and they'll buy toilet paper from me. Tit for tat.