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by arcfour 196 days ago
That's why there are no publicly-traded companies more than a decade or two old. Oh, wait...
1 comments
delecti 195 days ago
The comment you replied to was just pointing out that, like how a founder-held company can get stuck pursuing the founder's obsession, a stock market held company can also single-mindedly pursue quarterly gains to the detriment of long-term health.

There are old companies in either model.

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arcfour 195 days ago
It didn't say can. It stated it rather definitively, which I wanted to point out the absurdity of.
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