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> This bugs me like the idea that public companies are legally obliged to maximise shareholder value. ... Aren't you supposed to build something you want? Yes
by tjic 18y ago
> This bugs me like the idea that public companies are legally obliged to maximise shareholder value.
... Aren't you supposed to build something you want?
Yes ... if YOU OWN IT.
If you are the EMPLOYEE of a company OWNED by other people (i.e. "CEO of a publicly traded company"), then you do not get to be a prima donna with other people's money (i.e. their retirement hopes, their investment for their kids' educations, etc.). You buckle down and you do your job. And that job is "trying to grow the investment".
- jodrellblank 18y agoAnd that bugs me. Check out Engadget.com on and off. See the churn of shite products. See how they "maximise market capture" and "shareholder value" by choosing "everyone" as their target market. See how much missed opportunity to make groundbreaking standout devices or cult niche items there is in the dreary ongoing clone wars.
- deleted 18y ago[deleted]