▲ 695 ▼ Boeing sales tumble as the company gets no orders for the 737 Max for the second straight month (abcnews.go.com) submitted 2 years ago by schizoidman@lemmy.ml to c/world@lemmy.world 105 comments fedilink hide all child comments
[–] sudo42@lemmy.world 5 points 2 years ago (1 child) So there kind of is something inherent to running a business that implies cannibalizing one’s own brand reputation for short term profits. It’s called “Wall Street”. permalink fedilink source parent hideshow 2 child comments replies: [–] FiniteBanjo@lemmy.today 0 points 2 years ago (1 child) That's true that shareholders and stock evaluation are main drivers for this phenomenon, but Private Companies aren't necessarily more saintly than companies with Public Offerings. permalink fedilink source parent hideshow 2 child comments replies: [–] sudo42@lemmy.world 3 points 2 years ago True, but in my experience, selling stock publicly is the ticket to hell. No matter how much of your company you think you still own, you’re going to be driven to make higher profits every quarter, no matter the cost. If you don’t comply, they will replace you with someone who will. permalink fedilink source parent
[–] FiniteBanjo@lemmy.today 0 points 2 years ago (1 child) That's true that shareholders and stock evaluation are main drivers for this phenomenon, but Private Companies aren't necessarily more saintly than companies with Public Offerings. permalink fedilink source parent hideshow 2 child comments replies: [–] sudo42@lemmy.world 3 points 2 years ago True, but in my experience, selling stock publicly is the ticket to hell. No matter how much of your company you think you still own, you’re going to be driven to make higher profits every quarter, no matter the cost. If you don’t comply, they will replace you with someone who will. permalink fedilink source parent
[–] sudo42@lemmy.world 3 points 2 years ago True, but in my experience, selling stock publicly is the ticket to hell. No matter how much of your company you think you still own, you’re going to be driven to make higher profits every quarter, no matter the cost. If you don’t comply, they will replace you with someone who will. permalink fedilink source parent