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Taking an entity private is expensive and typically only done if you intend to change the direction the entity is heading in a way that shareholders won't accep
by vorpalhex 1y ago
Taking an entity private is expensive and typically only done if you intend to change the direction the entity is heading in a way that shareholders won't accept.
Accelerating EAs enshittification seems like it wouldn't require taking them private.
Rather it seems like the investors intend for a change in direction. What that is remains to be seen, but I read this as hopeful, not harmful.
- tempodox 1y ago> Accelerating EAs enshittification Is that even possible? Granted, this question is purely hypothetical for me, since I’m not buying anything from them as it is, but still… Maybe a miracle occurs and they actually change for the better? I’ll believe it when I see it.