Growth and *endless" growth are not the same.
Obviously growing a business is positive in some circumstances, the point is that growth for growth’s sake becomes the name of the game once you go public, whereas when privately held the company can decide whether it makes sense to grow in that moment or focus on other goals in the short term to benefit a long term strategy.
baatliwala@lemmy.world 9 hours ago
Right but you don’t have a basically legal obligation to if you’re private