this post was submitted on 02 Jul 2026
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Well, true. People, I.e private companies, can do all kinds of silly things like respect their workers, or think about the future, or prioritise a myriad of things that aren't just short-term profits and investor pockets. For them, the term growth isn't just about revenue and a graph on the stock market.
That doesn't really work with a publicly traded company, especially when the people in charge get a bonus based on quarterly profits, even if the company makes decisions that destroy it in the future. Memory manufacturers know damn well this isn't in any way a long term sustainable situation, but they are making the most (money) of it while they can.
Exactly. Public trading puts pressures on a company that go against its interests and the interests of its employees.
Frankly, public trading is a terrible idea. It has never improved anything. Just made everything worse.