Hacker News new | ask | show | jobs
by Hammershaft 1923 days ago
Their method of making money has directly contributed to a nosedive in the quality of their products. I frankly consider this a kind of rarely documented market failure.
1 comments

There's just one robust metric for "quality," and that's market cap, which is generally tied to current and future profits.
By what reasoning?
Brainwashed capitalism reasoning :D

(America at least) conditioned to think market caps and stock markets and GDP are the only meaningful metric.