What creates stock value is public hype and arbitrary numbers. Company revenue is only loosely related to stock value, and more strongly related to the trend of the stock.
Also a big part of a stock price is how much currently is circulated by big funds in that particular investment sector.
If you want to compare how much yhe company actually takes away from creators - you should substract income from ads and subscriptions from money paid to creators. Not stock selling price which are are speculative at best.
Who do you think creates all the stock value for social media companies? Do you think such users should be equally outraged that their social media site has billions in market capitalization but paid them $0?
Effort doesn't entitle you to money. You could get a phd in mongolian basketweaving but that doesn't mean you should be entitled to a decent living from selling baskets. If the economics are not there (ie. the average person not valuing music at more than $10/month, tons of artists lining up to drive down the price) but you go into it anyways, you only have yourself to blame.
um, many users are absolutely. this is still one ot the most frequent critique of these sites. for example Reddit with its IPO, and their bossing around of their unpaid mods, and so on.
