Comment on Why do companies always need to grow?

MolochAlter@lemmy.world ⁨17⁩ ⁨hours⁩ ago

It’s not “companies”, it’spublicly traded companies.

And the answer is quite simple really: the moment you become publicly traded your stock becomes your product, and everything else becomes a means to deliver better stock prices to your investors.

Not all companies are publicly traded, I patronise privately held companies wherever possible because as a client I’m still at the core of their business strategy, and I’m wary of the alternative.

At the end of the day, bad strategies result in bad products and services. Vote with your wallet, it’s very possible.

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