5 ms·

I think the state of “build to be acquired” is actually pretty gross and I wouldn’t mind it being pruned back a bit. To call this “overzealous government” is a

I think the state of “build to be acquired” is actually pretty gross and I wouldn’t mind it being pruned back a bit. To call this “overzealous government” is a bit ridiculous. Figma being acquired by Adobe was not good for customers, in most cases the government just allows shit like this to happen, this is the exception, not the rule.

treprinum 3y ago
Statistically, 90% of startups go belly up, 6% end up as zombies barely scraping by, 3% are acquired and 1% go public.
- andruby 3y ago
  I agree with your statistics and want to add extra context that these statistics are about (US?) _startups_. There are a lot of companies being started that don't pursue huge growth. I believe they are sometimes referred to as "mom and pop" shops in the US. In europe they're just called businesses or SME's. I don't have any numbers and probably more than 50% do fail, but not 90%. Plenty of bakers, restaurants, accountants and small shops succeed in making money for the owners, employment for the staff and value for the customers.
robertlagrant 3y ago
> in most cases the government just allows shit like this to happen Good. Agreements should as much as possible be free between consenting parties. It shouldn't be normal to expect the government to be involved in approving things except where there's a great reason to need it.
- Drakim 3y ago
  Especially things like when a company owns the entire town and pays their workers in scrip. Both the company and worker is a consenting party, so the government should stay out of it. The problem with this ideology is that will destroy society and reduce it to ashes.
  - robertlagrant 3y ago
    You think this is "ideology" that will cause that? > It shouldn't be normal to expect the government to be involved in approving things except where there's a great reason to need it.
    - itishappy 3y ago
      Yes. Your quote is an example of the exact ideology that leads to Standard Oil and company towns.
      - robertlagrant 3y ago
        What is that ideology? "Government shouldn't be involved unless there's a great reason to do so"? If you think preventing company towns isn't a great reason to need approval, fair enough, but then why are you saying company towns are bad?
        scarface_74 3y ago
        So exactly how was the government preventing a company town here? And if a town is dependent on one major employee should we do what exactly?
        robertlagrant 3y ago
        > So exactly how was the government preventing a company town here? Where is here?
        scarface_74 3y ago
        By stopping Adobe from buying Figma. How exactly has the government stopped Adobe from starting a company town?
        robertlagrant 3y ago
scarface_74 3y ago
Would you want the government to step in and tell you that you couldn’t sell what you own?

treprinum 3y ago

Statistically, 90% of startups go belly up, 6% end up as zombies barely scraping by, 3% are acquired and 1% go public.

andruby 3y ago
I agree with your statistics and want to add extra context that these statistics are about (US?) _startups_. There are a lot of companies being started that don't pursue huge growth. I believe they are sometimes referred to as "mom and pop" shops in the US. In europe they're just called businesses or SME's. I don't have any numbers and probably more than 50% do fail, but not 90%. Plenty of bakers, restaurants, accountants and small shops succeed in making money for the owners, employment for the staff and value for the customers.

robertlagrant 3y ago

> in most cases the government just allows shit like this to happen Good. Agreements should as much as possible be free between consenting parties. It shouldn't be normal to expect the government to be involved in approving things except where there's a great reason to need it.

Drakim 3y ago
Especially things like when a company owns the entire town and pays their workers in scrip. Both the company and worker is a consenting party, so the government should stay out of it. The problem with this ideology is that will destroy society and reduce it to ashes.
- robertlagrant 3y ago
  You think this is "ideology" that will cause that? > It shouldn't be normal to expect the government to be involved in approving things except where there's a great reason to need it.
  - itishappy 3y ago
    Yes. Your quote is an example of the exact ideology that leads to Standard Oil and company towns.
    - robertlagrant 3y ago
      What is that ideology? "Government shouldn't be involved unless there's a great reason to do so"? If you think preventing company towns isn't a great reason to need approval, fair enough, but then why are you saying company towns are bad?
      - scarface_74 3y ago
        So exactly how was the government preventing a company town here? And if a town is dependent on one major employee should we do what exactly?
        robertlagrant 3y ago
        > So exactly how was the government preventing a company town here? Where is here?
        scarface_74 3y ago
        By stopping Adobe from buying Figma. How exactly has the government stopped Adobe from starting a company town?
        robertlagrant 3y ago

scarface_74 3y ago

Would you want the government to step in and tell you that you couldn’t sell what you own?