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by jbs789 858 days ago
“In fact, we need more private companies that innovate and pay their staff a ton. But if you're owned by shareholders..”

Private companies are owned by shareholders.

That’s just one of the internal inconsistencies. Bit curious. Leads me to question the whole argument.

1 comments

What he's suggesting is that the massive public markets drive companies in ways that tiny groups of people who came together specifically to make a company plus perhaps their friends, families, and a few moneyed investors, simply don't. That you can't quite connect with that suggests you are not the target audience for this article.