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by ksk 1991 days ago
Yeah, that's how the game works. Its like democracy - people can and do vote for idiots.

When you accept outside funding in exchange for shares, control gets shared. Honestly, do we really need to debate this?

1 comments

You are the one who asked why it was bad. Why ask a question if you don't want to know or debate it? Was it purely rhetorical?
No, what I'm saying is not up for debate is the fact that control gets shared when you take someone else's money. Its a known framework in which everyone operates.

Your "shareholders are known for" is simply a BS talking point. Every person who has a 401K is probably a shareholder somewhere. All those hundreds of millions of people value long term stability too. Nintendo is not a penny stock.

It's a different thing to say "I value long term thinking" and acting that way, and rewarding long term thinking. It may be that people are simply too stupid to see that the ship is being hacked up for fuel, and thus they put their faith in the captain doing so.