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by w10-1 2 days ago
> Do it consciously

Yes

> These words apply to any investment [...] the entire culture has to change

I think that's fatalistic. There are plenty of people and legal structures that limit the influence of investors to reasonable returns, most famously founders retaining control, or the public benefit corporation (like Veeva) or nonprofit (OpenAI as the counter-example showing how even structures are no guarantee). It's all part of setting up the systems to work with available people, within the business leader's ambit.

1 comments

Co-ops or democracies are the only type of organization that has some resistance to power hungry conmen.