this post was submitted on 17 Jun 2023
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Wow. Front page of huffpost.com right now. Interesting...

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[โ€“] sombrero@lemm.ee 17 points 1 year ago (1 children)

the problem with shareholders is that they always and forever need to see a chart that's in a growing trend. That line is getting kind of stagnant there mate how you gonna please us? What makes this problematic is that there will be a finite number of users for this infinitely growing service, sooner or later growth will have to slow and this does NOT please the shareholder. Where are the gains bro? I was promised gains.

[โ€“] gundog48@lemmy.world 7 points 1 year ago

Not always, but it is when you go public. I work a lot at small businesses, lots of them have shareholders who are mostly hands-off, or would prefer a more conservative approach to protect their investment.

People who invest in non-public businesses are usually in for the long haul, and come with much greater risk.

But when you go public, your business just comes a commodity, nothing but a vehicle for a fund manager to use to try and get a higher return for their clients so they get more business and commission.

In theory, it's a really democratic system, but the reality is that we've lost track of what an investment is meant to be, and the number of private individuals actually holding shares in a company directly is very low, it's mostly fund managers who literally just want to pump their numbers for a few years, because long term, they never really beat the market.