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>That's why you see companies fall apart when the founders leave. They're replaced by people who prioritize profit for the company and wealth for themselves rat
by rl3 5y ago
>That's why you see companies fall apart when the founders leave. They're replaced by people who prioritize profit for the company and wealth for themselves rather than product quality so the company ends up rudderless.
Which ironically fucks over profit anyways, just about every time. I think it's more of a personal greed thing combined with incompetence, on top of perverse incentives that come with being a publicly traded company.
The quarterly profit model all but ensures a societal-scale myopia in the end.