this post was submitted on 19 Jan 2024
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[–] LodeMike@lemmy.today 55 points 10 months ago (1 children)

It means “VC money now 🥺🥺”

[–] Deceptichum@kbin.social 15 points 10 months ago (1 children)

Microsoft is chasing VC money now?

[–] maynarkh@feddit.nl 16 points 10 months ago

Not VC, more like hedge funds and institutional investors. But yes, all public companies work primarily for higher share prices, and then everything else. I've experienced a public US company paying more than a million USD to save 300k just so they can put out good articles about themselves that they kept promises to shareholders.