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This is the problem with the Valley "growth company" model, there is no concept of how to just ... stop at a certain size and run a sustainable business. The co
by yborg 8y ago
This is the problem with the Valley "growth company" model, there is no concept of how to just ... stop at a certain size and run a sustainable business. The compensation primarily remains focused on getting cashed out by Wall Street, a speculative venue that is fundamentally uninterested in sustainable business models. At some point a company Apple's size can only force revenue growth by becoming fully anti-competitive - buying out competition to obtain unlimited pricing power, and then regulatory capture to make it impossible to compete with them.
- gxs 8y agoI asked some big wig about this and his response was basically, population is always growing plus inflation. Guess when looked at through that lease it makes some sense, overall agree with your sentiment. That said, with a giant pile of cash and top notch talent, it probably makes sense for Apple to find new avenues of growth. It’s especially hard for tech companies because we are a long ways from software automating everything it can.
- jackewiehose 8y ago> This is the problem with the Valley "growth company" model It's not just Silicon Valley, it's the whole world. To quote the german chancellor Merkel, everyone needs "Wachstum, Wachstum, Wachstum" (growth, growth, growth). So far it worked somehow but I'm not sure that is the best strategy.