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Even if they make money, the next quarter must always be better than the previous one. At a certain point, people seem to start looking at self destructive opt
by nitwit005 2y ago
Even if they make money, the next quarter must always be better than the previous one.
At a certain point, people seem to start looking at self destructive options to make that happen.
- aaronbrethorst 2y agoAutomattic is not publicly traded.
- Nasrudith 2y agoIt is called inflation. If the next quarter isn't looking better then you are doing worse.
- EGreg 2y agoInflation is one thing. Rent extraction from the ecosystem isnt done only because of inflation, but because investors want profits from capital appreciation. That’s one of the failure modes of capitalism. Sure it works well in early stages (providing capital to promising startups) but there are diminishing returns and ultimately huge negative externalities to this model of stock ownership forever. Whether by pension funds or the public, the incentives are just toxic.