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I'm tempted to say it started in the 80s, as corporate raiders ran around. This lead to a shift in focus from continuation of the corporation to a focus on sha

I'm tempted to say it started in the 80s, as corporate raiders ran around. This lead to a shift in focus from continuation of the corporation to a focus on shareholder dividends. Then later the raider mentality turned into the VC mentality, in both cases focusing on a boom-or-bust approach.

ouid 9y ago
There is a reason that it stuck around though, it is a successful strategy in an economy where the prevalence of strategies is highly, if not exclusively, correlated with their ability to make ROI.
- dvfjsdhgfv 9y ago
  The main question is: successful for who?