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Companies increasingly no longer even care about income. They care about what boosts investor confidence. So even if implementing a policy lowers operative in
by usrbinbash 12d ago
Companies increasingly no longer even care about income.
They care about what boosts investor confidence.
So even if implementing a policy lowers operative income, if the growth in stock value offsets this, aka. number-go-up == true, the policy is implemented.
- scotty79 12d agoIt's almost as if making companies responsible for performance of their stock backfired to the tune of "a measure that becomes the goal ceases to be a good measure".
- mrguyorama 12d agoIt's simpler than that. To a public company, the product is the stock price, and the customers are investors. Consumers exist as a resource to consume. You hold the same mental position in their minds as the cheap plastic packaging they had to purchase.
- koe123 12d agoThe irony is, the PE of lots of tech companies implies 30+ years to earn back your money. Some of these companies enshittify at a rate higher than being in existence within 30 years. So I am curious how this will end up.
- lenerdenator 12d ago30 years doesn't matter; 90 days does. If you can make enough money back over that period by enshittifying the company, you do it, even if that means selling the thing whole.