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And if a big company like Google can't avoid being evil, then what world-changing enterprise can? A company owned by actual persons, i.e. a privately owned com
by batista 15y ago
And if a big company like Google can't avoid being evil, then what world-changing enterprise can?
A company owned by actual persons, i.e. a privately owned company, can better avoid turning evil. There are lots of world-changing privately owned companies, especially in Europe.
Profit seeking by committee (a.k.a. board and stockholders), turns companies into un-ethical, maximum-profit seeking machines. Even more so, since noone feels like he has "real" responsibility for the whole company's actions).
- amac 15y agoTrue, public companies are driven more by quarterly results, but they can also be more accountable and transparent. Private companies can be as equally evil as public ones. FWIW, I believe private companies tend to be better run and usually operate with a longer or more rounded perspective. In this sense, I would favour being a stakeholder of some sort in a private company over a public one.