3 ms·
Sure there's the ongoing struggle. But the basic fact will always stay that the point of founding and putting in the effort to establish a commercial company in
by ROARosen 6y ago
Sure there's the ongoing struggle. But the basic fact will always stay that the point of founding and putting in the effort to establish a commercial company in the first place is to "provide value to the shareholders" (i.e. the owner/founder). If not for that, why anyone go through that hassle?
All that Silicon-Valley-esque "We founded the company because we wanted to make the world a better place" is only when the company is also making money for the stakeholders. Once you take out that point, there goes you company. It is now officially a charitable organization (which, BTW also provides value to the "stakeholders", but that discussion is for a different time)
- danaris 6y agoThere's a big difference between "provide a decent living for the founders of the company" and "provide ever-increasing profits to the already-wealthy shareholders", and I believe that difference is at the heart of the article's point.