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I can only applaud Mr Dell for not going along with Wall Street and rejecting short-term planning required to do so. If you look into how Apple and Amazon is c
by polskibus 12y ago
I can only applaud Mr Dell for not going along with Wall Street and rejecting short-term planning required to do so.
If you look into how Apple and Amazon is coping while being public, you'll see that in both of those companies, the CEOs actually have very good deals with shareholders that allow them to reject short-term stock market greed and lets them focus on long-term goals.
The ultimate goal of a private company should not be going public - this is a false dychotomy created in part by Wall Street. Growth, innovation and long-term survival (meaning average positive cash flow over many years) should be that ultimate goal.
- awinder 12y agoEven companies like Apple have to deal with shareholder revolts / major pressures from time to time though. Notably Icahn pressuring Apple to use it's stockpile of cash on large stock buybacks when Apple wants to keep that money for investment / possible acquisitions, or anything more related to direct investment in the future.