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But why? The glory of privately held companies is that they can say "Enough. There are things more important to me than another dollar." And when I say "they
by carsongross 10y ago
But why?
The glory of privately held companies is that they can say "Enough. There are things more important to me than another dollar."
And when I say "they" I literally mean a small group of humans, able to project non-monetary desire onto corporate behavior. The abstraction of public ownership does away with this, leaving only "more".
- toomuchtodo 10y agoThese owners, with perspective and wisdom, are few and far between.
- bitwize 10y agoAnd that's the difference between conservative but revolutionary, in it for the long haul private Nintendo and trend-chasing, Super Mario Run, "we have shareholders to appease, let's throw anything at the wall and see what sticks but in the meantime here are a few tentpole franchise remakes/rehashes" public Nintendo.