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327 points dthread3 | 1 comments | | HN request time: 0.217s | source
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leakycap ◴[] No.45305308[source]
Hard to care what happens to a company like TicketMaster. As you build your company, ask yourself how they ended up like this.

Do you think the founders had this outcome in mind when they started (everyone hating them and seeing them as an evil money grab)? They probably started with a different ethos.

A good reminder that what we do can change - we need to instill our values into the basics of everything we build, otherwise we'll just be building the next TicketMaster, Oracle, or Meta.

As far as I know, we get one go. Let's build things that matter and make the world a better place. Greed will even ruin concerts otherwise.

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1. snthd ◴[] No.45307293[source]
>A good reminder that what we do can change - we need to instill our values into the basics of everything we build, otherwise we'll just be building the next TicketMaster, Oracle, or Meta.

Both Ellison and Zuckerberg still control their respective companies. The problem is not that they didn't instill their values.

In the case of ticketmaster, they just plain sold out.

https://www.encyclopedia.com/social-sciences-and-law/economi...

>Ticketmaster's fate was changed in 1982, when Chicago investor Jay Pritzker purchased it. Pritzker, the wealthy owner of the Hyatt Hotel chain, paid $4 million for the entire company.