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This is why, were I to start a business, I would never under any circumstances take it public. Once you become a slave to the next quarter results, it inevitabl
by bigstrat2003 1y ago
This is why, were I to start a business, I would never under any circumstances take it public. Once you become a slave to the next quarter results, it inevitably kills your ability to provide a quality product. As a society we should incentivize businesses to be in it for the long haul, not just to focus on immediate "number go up".
- grafmax 1y agoIt’s the financialization of our economy that has caused it to become poor at delivering value to consumers. Rentier capitalists profit by charging others for what they own rather than what they produce.
- queenkjuul 1y agoYeah it's not about "us" when the economy is designed from the ground up to require this behavior