this post was submitted on 17 Jan 2024
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The problem are the investors and executives that are there solely to suck money, that don't care about quality or sustainability and will instantly jump ship as soon as they finish destroying the company, to latch on the next thing.
To them it's not good enough for a business to be stable, it's not good enough for it to be profitable. No, it has to be always more profitable than before, infinitely. If they reached the limit, then they will take it apart to get more money.
Yeah I've never really understood this mentality of business types. Invariably their attempts to get more money lead to them getting less in the long run. They all suffer from an inability to delay gratification.
Far apart from anything else if you've got 10 billion dollars just put it in the bank and live off the interest, you're still making money, even though profits are stable.
Feels like at some point it's like an addiction. Folks got enough money to enjoy the rest of their lives doing anything they want and leave plenty to their families, but they gotta make number go big. They should go play Cookie Clicker or something, instead of ruining society.