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Companies certainly have to make money, the more the better, and your description is not technically wrong, and yet short-circuits. Nobody in any productive an
by UweSchmidt 3y ago
Companies certainly have to make money, the more the better, and your description is not technically wrong, and yet short-circuits.
Nobody in any productive and creative activity has dollar signs in their eyes. It's about building, creating, optimizing, allocating and yes, also removing. At least some part is long-term (certainly longer than the reporting interval of a "quarter"), and positive contributions compound. Alternatively you can just withdraw, and eat the seeds now - stock market and executive bonus agreements would reward that, and that's the mentality that cannot create.
The sense is that those formerly exciting companies are a little lame right now, and maybe lack the right visionary leadership? Why does the new AI boom not create excitement for Intel, to make chips for AI or to use AI to make chips or w/e. The sentiment is a disappointment in the tech sector that had been good for so long.
- fallingknife 3y agoYes they absolutely lack the visionary leadership. Problem is that the first CEO of a successful company gets there by being a good CEO. The 2nd through last CEOs get there by being good at office politics.