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>The startup agenda is either make a billion dollar company or go home. >Why this obsession to grow massive? It's not just startups. Every publicly traded com
by iamatworknow 9y ago
>The startup agenda is either make a billion dollar company or go home.
>Why this obsession to grow massive?
It's not just startups. Every publicly traded company is focused on growth. You could have many billions of revenue and billions in profit, but if you aren't growing you're failing. I don't agree with this, but the stock market certainly does.
- zimablue 9y agoI'm not sure that's true, there are plenty of "value" firms who invest based on dividends not growth. Maybe there's a skew but there's an underlying rationality to investors where ultimately you add up the money a company can pay out in dividends etc and work out what they're worth. I'm far from an expert on this but there's even pressure in the opposite direction - for big companies, investors value a regular, predictable dividend, and can be wary of CEOs or directors with significant holdings who want to take risks and "empire build".