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As a public company with shareholders? Never. Once you go public, the shareholders by and large drive your you revenue decisions. Don’t hit your revenue goals?
by at-fates-hands 7y ago
As a public company with shareholders? Never.
Once you go public, the shareholders by and large drive your you revenue decisions. Don’t hit your revenue goals? Stock tanks and you lose money.
If Uber remained a private company, it’s possible. However if the goal is growth a massive IPO and cash grab, then your idea is antithetical to their goals.
If they stayed private and did what you said and the goal was a modest profit and staying under the radar? Totally possible, but that has to be the goal at the outset and keeping employees will be hard if you have to keep up with cost of living adjustments, bonuses, etc to stay competitive with other industries competing for the same talent
- maxaf 7y agoThe operative word in my blurb was "modest". Screw the shareholders; or rather, screw the public shareholders. I don't want their money because it comes with strings attached: demands that the business operate in an unethical and inefficient manner. Those types of shareholders are crazy can take their money to the casino for all I care. However, I'm sure there are other shareholders who might appreciate a "modest" dividend instead of a meteoric rise and trading potential. Where are those people? Aren't they the true smart money?