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>It's not about "fault" as if it's some kind of moral argument. It seemed to me that a moral argument was being made, that twitter took too much money and that
by unprepare 10y ago
>It's not about "fault" as if it's some kind of moral argument.
It seemed to me that a moral argument was being made, that twitter took too much money and that that is bad because they aren't profiting (i.e. earning the investors money)
Of course a business wants to make profits, but i dont see how its immoral for twitter to have taken so much investment.
Would it be fine if they weren't making profits, but had only taken 10 million in investment? if so, why?
Unless the argument is that twitter somehow purposefully deceived investors in order to get money, i dont see how the amount of money they've taken makes a difference.
i wasnt trying to speak so specifically to this exact case, but more generally the idea that its a company's fault that they took so much investment and arent seeing the expected success. (i see this about uber and tesla a lot as well)
- pessimizer 10y agoAre you seriously wondering why some people might think (although it hasn't been said once in this thread by anyone other than you) that taking people's money with an argument that you'll use that money to make more money, then failing to make any money might have a moral component? Saying that Twitter expected success is just both a projection and an anthropomorphization on your part. As you are not psychic, and as Twitter is made up of a large number of people, not a person with expectations, you have no way of knowing if any of them expected success as they marketed themselves for more cash. They either deceived investors or are failures. Take your pick. It's just odd that you can't even understand how someone could see a moral component to it.
- unprepare 10y agoFirst of all, not sure I understand why you're being so hostile. Next, why would a business failing to make a profit be immoral? What exactly is immoral about a business failing? If it is so obvious, maybe you can explain how it is immoral and exactly who is being immoral. Next, it seems like you didn't understand what I meant when I said they failed to meet expectations. I meant the investors expectations.
- hueving 10y agoThey are failures because they didn't meet the goals they had set themselves and sold investors on. Either that or they are frauds because they never had any intention to meet the goals.
- thaumasiotes 10y agoWhen did failing become immoral?
- rrdharan 10y agoWhen did it become immoral to criticize failure?
- __jal 10y agoA certain personality type sees failure as the only sin.
- thaumasiotes 10y agoThen that personality type should also believe that "they were either defrauding their investors or they failed at what they wanted to do" doesn't prove immoral behavior -- they could have been defrauding their investors.
- rrdharan 10y agoNothing is immoral about failing to make a profit. However I think you're mistaking harsh criticism of Twitter's execution and return on investment, for a moral criticism. Just as it is "ok" for a business to fail, it should also be "ok" for people to criticize that failure, especially if they believe that critical mistakes were made by the leadership they entrusted with their money.
- unclebucknasty 10y ago>It's just odd that you can't even understand how someone could see a moral component to it. I'd assume they tried and failed. It's the simplest explanation. On the other hand, attributing a moral component to it implies deliberate malfeasance (such as deceiving investors), which would require evidence. So, in the absence of that evidence, attributing a moral component to it would seem hard to differentiate from conspiracy theory.