this post was submitted on 17 Oct 2024
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When pleasing the investors becomes top priority, everything else turns into shit.
So what happens when pleasing the investors becomes the only priority?
Short term decisions are made that ultimately collapse the company and that also turns to shit.
Unless they're too big to fail, and especially if they are too big to jail, e.g. Facebook, Google, etc. Or if they correctly judge the stupidity and malleability of their audience e.g. Reddit, X, etc.
That just kicks the can down the road, can't run a company when no one can afford your product. Which is the situation we seem to be rapidly approaching.