[mschuster91]

> The sorts of processes and. Management needed for a larger company are different than those at a small one. You need more process. There’s no way around it.

There is: don't go public or issue stocks. In Germany, we are famous for non-public companies: the "Mittelstand" is largely owned by the founders or their descendants, which frees them from a lot of external influences - for better (companies can focus on long term goals instead of phony quarterly/activist investor-driven "KPI/OKR" goals, companies save on a lot of the bureaucracy that the law mandates for public/share-issuing companies) or worse (we're notorious for a lack of digitalization and progress as well as inheritance squabbles).

An example are the retail chains ALDI and LIDL or manufacturers Bosch and Heraeus - all tens to hundreds of thousands of employees and many billions of net worth, but it's rare to even find somewhat reliable numbers on them.

[ghaff]

You don’t have some of the compliance requirements then but you absolutely still need a lot of process if you have 10s to 100s of thousands of employees.