4 ms·
Co-ops don't expand as much as privately or publicly held firms because they maximise something approximating profit per worker whereas normal firms maximise st
by michaelochurch 12y ago
Co-ops don't expand as much as privately or publicly held firms because they maximise something approximating profit per worker whereas normal firms maximise straight profits. I think I picked up that argument from Paul Krugman.
r- and K-selection. Companies like Google and Microsoft, which grew large at the cost of culture, are r-selective. Valve and Github, which grow more slowly while maintaining open allocation and cultural health, are K-selective.
It seems impossible, in the long run, to be K-selective if you take venture capital. You're now controlled by people with the attention spans of five-year-olds.