4 ms·
I suspect when those 10-digit wire transfers start arriving in your bank account, your attitude changes rapidly.
by wrs 3mo ago
I suspect when those 10-digit wire transfers start arriving in your bank account, your attitude changes rapidly.
- 27183 3mo agoSpeaking personally, approximately one minute after a 10 digit wire transfer arrives in my account I will disappear permanently to sail the seas on my yacht. What would be the incentive to continue working? Personal finances aside, that's no way to run a business. Torching your brand, alienating your users, and pissing off your customers is a well known path to ruin. [edit] Even if it results in some temporary windfall--is the thesis that the windfall will be so big they no longer need users or customers? It eludes me completely what the companies that are building this trash now are hoping to achieve. It's especially galling that publicly traded companies are doing it. It's one thing for a startup to blow a bunch of venture capital on a speculative, half-baked product idea. Great risks sometimes yield great rewards. Usually they don't. Founders and VCs knowingly and willingly sign up for those risks. It's a totally different story for public companies.