3 ms·
But why is a high stock value the ultimate goal? Shouldn't the goal be producing tech that's beneficial?
by danaris 5y ago
But why is a high stock value the ultimate goal?
Shouldn't the goal be producing tech that's beneficial?
- throwaway12509 5y agoBecause high future valuations allow companies to raise capital and do useful work in society.
- layoutIfNeeded 5y ago[citation needed]
- viro 5y agoAMC
- sidlls 5y agoBeneficial to whom?
- danaris 5y agoIn general, to its users, hopefully without also being detrimental to society as a whole. But my point here is mainly "shouldn't the goal of a company be to produce a useful product or service rather than simply to make money for its shareholders?"
- jbverschoor 5y agoThat’s the purpose of a commercial company. To return money to shareholders.
- MaxBarraclough 5y agoThis kind of institution does exist: https://en.wikipedia.org/wiki/Benefit_corporation https://en.wikipedia.org/wiki/Benefit_corporation