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Having the leeway to dedicate itself to long term R&D&P, regardless of vision and resources, is also an effect of no investors demanding quarterly profits. Lon
by VyseofArcadia 3y ago
Having the leeway to dedicate itself to long term R&D&P, regardless of vision and resources, is also an effect of no investors demanding quarterly profits.
Long term thinking is basically impossible for publicly-funded companies.
- atomicfiredoll 3y agoAbsolutely. But, just because it's impossible for publicly traded companies doesn't mean a private company can't chase the short term. Private companies don't necessarily behave like Valve is by default. So, I'm also praising them for choosing to take the risk on and invest in the long term.