this post was submitted on 11 Oct 2024
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Shareholders love them
I think I can speak for most Americans (and as someone who owns stocks) fuck the shareholders.
I'm conflicted. On one hand, I'm a shareholder due to broad market investments in my 401k. On the other hand, I'm a consumer.
On net, screw this nonsense, just make good products and the recurring revenue will happen due to happy customers.
I bought a bit of BP shortly after the oil spill.
I was hoping to lose it all, but had the feeling I'd end up making money. I did make money.
All those shareholders should have been fucked.
You are the reason they didn't lose it all.
Yeah, if not for me the government would have responded appropriately and bankrupted the company.
Exactly! I'm glad you understand.
You're the problem. You get that, right?
how else are people supposed to avoid money losing value? bonds?
There's socially responsible ETFs that track stock indexes but exclude companies like oil and gas companies. The return isn't as high, but at least you're not giving money to Big Oil.
Shareholders love lootboxes too.
And one party autocracy.
Should they though? The average lifespan of a car is 12 years. Even if they got someone to pay the subscription the entire time, that's like 5% of the value of the car, spread over a length of time that makes it almost worthless. They could more easily charge an extra 1500 for the car, which is more money and it's money they get now and isn't picked apart by inflation.
It's not especially good financially in the short or long term and is harmful to the brand image and customer loyalty.
It's a revenue stream you can collect after the vehicle is sold. Continuous cash flow means long term revenue stability for the business.
And its the introduction of a model that can scale. Once you've got someone's account information, you can sell them more shit (or just sell their data to advertisers). This is just the tip of the spear. Tesla, BMW, and Mercedes are all experimenting with Vehicle as a Service product models.
Investors love the possibility of revenue growth, and these programs promise the possibility of high margin after market sales for the life of the vehicle.
Not when everyone is doing it
Shareholders can get fucked. They’re making the world a worse place daily.