680
Reddit: Return Of The Junk Stock IPO
(www.forbes.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 12 Mar 2024
680 points (97.8% liked)
Technology
59680 readers
3232 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
This is the inevitable long term goal and result of capitalism.
This is the result of shareholders. Capitalism doesn't have to turn into this and people can have small businesses that are comfortable and don't grow. But when you get investment involve the question is always "how do you 'grow this business' so I can get a ROI".
There's a few cases where that's not the case, but the majority of the mindset of the modern business world is fast returns, rather than sustainable growth.
This is the inevitable long term goal and result of CORRUPTION.
I'm not advocating for capitalism.
Corruption exists in both capitalistic and socialist systems.