3 ms·
> I'm really sick of "investors" thinking that trimming every little cost here and there is going to somehow fix things. Giving such control to investors is th
by shas3 11y ago
> I'm really sick of "investors" thinking that trimming every little cost here and there is going to somehow fix things.
Giving such control to investors is the least bad compromise for running companies. On the spectrum of: "let company survive because it should" to "let company survive because it is giving us as much in returns as we expect", Yahoo is towards the latter. People think they will lose money on Yahoo because they don't see a path for its growth. The end of the spectrum with "let company survive because it should" is terrible, just ask current and former socialist countries where many industries are/were government owned. An example is Air India, which is propped up the government as a showcase national carrier in spite of being massively loss making and a shitty carrier in the modern era of race-to-the-air-travel-experience-bottom.