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this post was submitted on 07 Apr 2024
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Games
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If at all possible you should never take your company public. It's not worth the loss of control.
I am of the political persuasion that companies should be incentivized to sell to their employees first and the public only if the company cannot expand without that funding.
I'm of the opinion that not every company needs to expand indefinitely. Most things should probably just stay at a sustainable level.
I think most companies shouldn't try to expand indefinitely. You can be perfectly profitable without growing. Unfortunately, public shareholders don't actually care about company profits, only growth, becaue that's what makes the shareholders rich
Depends for whom, it's probably worth for the owner who just want an exit with money and that's why it happens. Not many people have strong enough values to think about the welfare of their customers before their personal comfort.