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I don't get the obsession with going public. It has killed or derailed many a great company. It's not exactly a good thing to constantly be chasing short term p

by Reedx 8y ago

I don't get the obsession with going public. It has killed or derailed many a great company. It's not exactly a good thing to constantly be chasing short term profits and quarterly results over long term health. The idea that companies should have the goal of going public is deeply flawed/unhealthy, I think. Though it makes sense for some.

rocky1138 8y ago
Maxis and EA come to mind :(
baxtr 8y ago
You mean companies like Apple?
refurb 8y ago
It's not exactly a good thing to constantly be chasing short term profits and quarterly results over long term health. That's entirely the company's decision. If they want to focus on long-term growth at the expense of profit (i.e. Amazon), they can.
nickik 8y ago
You do understand that going public does not automatically equal only valuing short term profits right?
- hndamien 8y ago
  Amazon managed to not chase them for some time while being public.
- Reedx 8y ago
  Of course, there are always exceptions. Amazon is an outlier.