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146 points belter | 2 comments | | HN request time: 0.41s | source
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Havoc ◴[] No.42309254[source]
Still don’t get what the point is. You can temporarily squeeze the locked in customer for good quarterly numbers but in long run youre just fucking up your business permanently
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1. rawgabbit ◴[] No.42309404[source]
Execs meet their target to get their outsized stock options. The Board gets theirs too. The short term investors got theirs too. It is irrelevant that the company is a burning wreck of its former self and customers and employees are saying WTF. This is the reality of Shareholder Primacy.

https://en.m.wikipedia.org/wiki/Shareholder_primacy

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2. winocm ◴[] No.42310216[source]
Don't forget:

https://en.m.wikipedia.org/wiki/Friedman_doctrine

https://www.sciencedirect.com/science/article/pii/0304405X76...