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> But to do this sort of thing you need a dictator at the top who is willing to risk a run of negative-profit quarters to fix the company's underlying rot. Pri
by theevilsharpie 2y ago
> But to do this sort of thing you need a dictator at the top who is willing to risk a run of negative-profit quarters to fix the company's underlying rot.
Private companies still have shareholders that the CEO answers to -- who tend to get angry at taking losses quarter after quarter with no clear path to growth.