• JoeCoT
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    181 year ago

    Spoiler: it fits very few company’s business models. Some companies can avoid it, if their owners/board want to. But once they take venture capital, or go public, they lose that choice. And that “don’t be evil” promise, and most any other, is void.

    • aeternum
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      71 year ago

      once they go public, the only goal is MOAR MONEY! reddit will also fall into this trap when/if they go public.

      • themeatbridge
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        21 year ago

        Shareholders can actually sue a business for making ethical decisions that leave money on the table.

          • themeatbridge
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            11 year ago

            You’re right, because usually the deeper pockets win. It’s likely the shareholders would just fire the executive and sue later, and then settle for whatever part of the golden parachute they want back.

      • @beteljuice@lemmy.ml
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        11 year ago

        Reddit already fell into the trap a while ago. They’ve started walking into a cave they found in a trap, and now it’s so bad that we are here.