| ▲ | runjake 19 hours ago | ||||||||||||||||
The stockholders have something different to say about that. He's been a cash cow for them and that's how the game is played. It's really hard to be a publicly-traded corporation and user-first. Those goals are often at odds with each other. | |||||||||||||||||
| ▲ | ebbi 13 hours ago | parent | next [-] | ||||||||||||||||
Exactly. I'm conflicted, because as much as I benefit from being a shareholder of companies, I am also acutely aware of the fact that once a company is listed on the stock exchange, there is an inverse relationship between profit-focus and user-focus. Not being on the stock exchange, a company like Apple could be like, you know what, we make enough money from our hardware and services to both grow and pay our people well, so we will remove the 30% fee on apps and keep our developers happy and loyal, increase the cloud storage capacity for our customers, etc. But they simply can't do that, because it's all about YoY revenue growth to keep the shareholders happy. | |||||||||||||||||
| ▲ | LadyCailin 18 hours ago | parent | prev [-] | ||||||||||||||||
> It's really hard to be a publicly-traded corporation and user-first. You aren’t wrong, but I hate that you aren’t. It’s a shame there is so little regulation and that things are getting more and more expensive and complex to initially develop, that there just isn’t really a free market anymore for many important things. | |||||||||||||||||
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