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by baash05 1565 days ago
I second that.

I've worked for many companies whose goal was not to make a profit, but instead to make the world better for one group of people.

They did profit, but that was really just so they could afford to continue to help their target audience.

I've never really understood the anger toward share holders. Most people have a pension, and that's invested in the stock market. When people say "share holders" I think of teachers pensions, and nurses pensions, my welders-widow grand mother. The "share holders" are people.

RE tax.. I can't think of a better way to light money on fire. Australia recently spent nearly 100million on a Covid safe app that tracked people. It was an utter flop, and I'm not sure it tacked down even one person. 100 Million $ on a 100% predictable flop.

1 comments

Did your company have VC backers? I guarantee you that they were concerned about profits over everything else.

What specifically did the companies you held in such high regards do that caused them to forego profit?