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I like that we're not beating around the bush and admitting that businesses only donate money to causes they think will financially benefit them. That there are

by RIMR 2y ago

I like that we're not beating around the bush and admitting that businesses only donate money to causes they think will financially benefit them. That there are no altruistic actions by a business entity, everything is either an operational expense or an investment. This is 100% true in practice, so you're absolutely correct here. I just hope that we're in agreement that this is a bad state of affairs if businesses have completely written off doing the right thing in favor of profit 100% of the time. As a community of entrepreneurs, we should aim higher. If this is the only reason that tech companies invest in gender equality, then we need to find better advocates, or at least come prepared to counter the exploitation the current advocates have in mind.

klyrs 2y ago
Counterpoint: a cynical take posted deep in a comment thread in a random corner of the internet may not accurately reflect the values of an entire industry.
- cutemonster 2y ago
  Yes, GP is exaggerating or a bit clueless about humans > > That there are no altruistic actions by a business [...] This is 100% true
johnnyanmac 2y ago
>I just hope that we're in agreement that this is a bad state of affairs if businesses have completely written off doing the right thing in favor of profit 100% of the time. Maybe 99% of the time. But sure, the altruistic businesses are usually the first to shutter. Reality is cruel and very few entrepreneurs are so well off they can bleed money for their cause. Those kinds of people lobby policy instead of being customer facing. >As a community of entrepreneurs, we should aim higher. If this is the only reason that tech companies invest in gender equality, then we need to find better advocates, best of luck. The mix of having the massive funds for scale, incentive and/or empathy for interest, and altruism to keep the company honest for such an initiative seems to be a unicorn these days.
- RIMR 2y ago
  The next 4 years of Trump will be an interesting time then, because we're going to discover which businesses will trade our lives for profit. If doing the right thing comes second to doing what's profitable, businesses with the mindset you describe are the kinds of businesses that will assist in genocide. If things play out the way I expect, I hope these businesses learn the hard way that doing the wrong thing isn't always profitable, or survivable if you side with Nazis.
  - _t9ow 2y ago
    > The next 4 years of Trump If he gets re-elected, it might not be only 4 years.

by RIMR 2y ago

klyrs 2y ago

Counterpoint: a cynical take posted deep in a comment thread in a random corner of the internet may not accurately reflect the values of an entire industry.

cutemonster 2y ago
Yes, GP is exaggerating or a bit clueless about humans > > That there are no altruistic actions by a business [...] This is 100% true

johnnyanmac 2y ago

>I just hope that we're in agreement that this is a bad state of affairs if businesses have completely written off doing the right thing in favor of profit 100% of the time. Maybe 99% of the time. But sure, the altruistic businesses are usually the first to shutter. Reality is cruel and very few entrepreneurs are so well off they can bleed money for their cause. Those kinds of people lobby policy instead of being customer facing. >As a community of entrepreneurs, we should aim higher. If this is the only reason that tech companies invest in gender equality, then we need to find better advocates, best of luck. The mix of having the massive funds for scale, incentive and/or empathy for interest, and altruism to keep the company honest for such an initiative seems to be a unicorn these days.

RIMR 2y ago
The next 4 years of Trump will be an interesting time then, because we're going to discover which businesses will trade our lives for profit. If doing the right thing comes second to doing what's profitable, businesses with the mindset you describe are the kinds of businesses that will assist in genocide. If things play out the way I expect, I hope these businesses learn the hard way that doing the wrong thing isn't always profitable, or survivable if you side with Nazis.
- _t9ow 2y ago
  > The next 4 years of Trump If he gets re-elected, it might not be only 4 years.