4 ms·
I think the interesting point here is that the company is private and doesn't have to maximize short term profits for shareholder gains. From my own experience
by jitix 9y ago
I think the interesting point here is that the company is private and doesn't have to maximize short term profits for shareholder gains.
From my own experience I've seen that a private/bootstrapped company has much more flexibility to think long term (and that usually means keeping employees happy) than a public company.
On the other hand the stock market drives a lot of important things like pension funds, mutual funds, etc. Maybe we can strike a balance and trade shares based on their long term dividend potential.
- hueving 9y agoAMZN is entirely focused on long term gains and reinvesting money and the stock is killing it. Being publicly traded != making short term decisions.