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LS Linus Sebastian Founded the YouTube channel Linus Tech Tips in 2008 and built it into Linus Media Group, a company covering computer hardware, tech news, and product testing ac...

“What if, as a company like Alphabet or Microsoft, you just made billions of dollars every year and were like, good job? And then just made billions of dollars. What if the stock price didn't always have to go up?”

The WAN Show · October 2026

“What if, as a company like Alphabet or Microsoft, you just made billions of dollars every year and were like, good job? And then just made billions of dollars. What if the stock price didn't always have to go up?” — Linus Sebastian, The WAN Show

Context

Linus was riffing on AI hardware hoarding and tech layoffs, asking why big tech can't be content with huge profits. He pointed to Apple and the privately held Valve as companies that behave differently.

Transcript

The WAN Show Around 11:01 into the episode
Linus Sebastian

off the most. Now we're

Luke Lafreniere

gonna hoard hardware and

Linus Sebastian

replace them with this hardware that now they're hoarding. It's like, here's a crazy idea. Here's a crazy idea that I assume that every embracer of late stage capitalism would just shake their head at. What if, as a company like Alphabet or Microsoft or whoever, you know, what if they just made billions of dollars every year and were like, good job. And then just like made billions of dollars. What if the stock price didn't always have to go up?

Luke Lafreniere

What if your competitive angle was just make good products instead of hoard things from your competitors?

Linus Sebastian

Yeah. Like, I mean, I mean, that's kind of the Apple model. And Apple is right up there in the most valuable company in the world, Race. I mean, that's what Valve does. By not being public, they have the luxury of just making good long-term decisions and not screwing things up.

Luke Lafreniere

Yeah. Yeah. I think there's other ways to pick it apart as well. I understand you were presenting it for a reason, but I think it can be up to the user to potentially. Someone at Fullpin Chat mentioned LTT folding competition.

Speaker names come from our own diarization. The position is estimated from where the line sits in the episode.

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