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What do you mean "we"? Like government intervention? These are private companies, if they don't want to change this aspect, there's not a lot you can do aside f
by kQq9oHeAz6wLLS 5y ago
What do you mean "we"? Like government intervention? These are private companies, if they don't want to change this aspect, there's not a lot you can do aside from getting on the board...
- bckr 5y ago> What do you mean "we"? Perhaps people who are interested in building great companies, like the regulars of a tech startup-centric forum
- throwawaylinux 5y agoI think it's great that companies particularly large incumbents tend to decay and fall after a time. It promotes renewal and evolution, like the cycle of life and death. It's a bit sentimental to want a company to survive decades. It would be much worse if the big incumbents all remained at the top and dug themselves into the regulators and politicians and crowded out others (they already do to a great extent but it could be a lot worse).
- bckr 5y agoOn the other hand, as a consumer, I'd like the services that I'm using now to remain useable for the rest of my life.
- throwawaylinux 5y agoPeople in 1900, as consumers, thought they'd need a reliable supply of horse feed for the rest of their lives too. Uncertainty and risk are big reasons why people fear change, I completely understand. I'm not saying the feeling or desire for stable incumbents is invalid, although maybe my comment could have been worded a bit better.
- jtbayly 5y agoThey are publicly traded companies, mostly.
- cheriot 5y agoGovernments place a lot of rules on corporate governance already. Maybe a new one is called for. Maybe a social movement that pushes index funds to exercise the voting shares they hold. I'm open to ideas.