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That’s the problem with public companies - by definition they cannot do what’s best for their users, as that will eventually conflict with their duty to their r
by sebastien_b 4y ago
That’s the problem with public companies - by definition they cannot do what’s best for their users, as that will eventually conflict with their duty to their real customers: their shareholders.
- andsoitis 4y agoIf you’re American and have a 401(k), you’re a shareholder too.
- sergiomattei 4y ago“Can’t criticize capitalism if you’re holding an iPhone”
- andsoitis 4y agoI know what you're saying, but I'm not trying to say you can't be critical of a system you benefit form / participate in. What I am implying is that, as shareholders, either directly or via proxy like a pension fund, we demand high profits. So we're trying to have our cake and eat it too.