this post was submitted on 19 Feb 2025
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No publicly traded company can compete with a well run private company. Infinitely growing profits breaks everything. Never take a company public if you can help it. It may even be preferable to shutter it if that is the only other option. Having stupid amounts of money is cool and all, but it does nothing useful. Money is only a tool if you actually use it... a golden hammer sitting on a shelf does no one any good.
Yeah even apple is talking about potentially introducing ads into maps when their whole positioning of premium price has meant premium product and experience.
But the pressure of continual stock increases means company has to keep chasing exponential growth as opposed to being content with sustainable growth.