Hacker News new | ask | show | jobs
by riteshkpr 3529 days ago
"why do so many companies feel like they have to grow perpetually?" -> Capitalism - growth, year over year, leads to higher stock price (market valuation) which in turn justifies higher payouts to ceo's, bonuses to employees... as growth == innovation

If you din't keep growing and managed to keep the business profitable (hit the ceiling), then you weren't 'innovating' and should be replaced ...

... that's the mindset. I don't agree with it.

2 comments

Yeah, it's a symptom of the way that companies are valued on the open market. No one can be content with well enough as long as our pricing and ownership models work the way they work.
You need some growth, even if just to battle inflation. Inflation is nibbling away at the value constantly.
Keeping up with inflation isn't growth.
You knew exactly what was meant but just in case - you still need nominal growth to avoid negative real growth
Thanks, and yes that's what I meant :-)