Comment by jeroenhd

6 years ago

My comment also stated that it's not stealing if you order from a business that decided to operate in a way that causes them to lose money if you order with them.

Investors know that the company they're investing in will lose a lot of money and the know about the business practices that basically give away money in order to gain popularity. It's not their money anymore after they gave it to the company. It's true that if the company goes bankrupt they lose out, but they can prevent losing that money by not investing on companies handing out free cash.

The software itself is not unethical, the business practices Doordash/Uber/Yelp/etc. follow to make their software popular are. The problem is that these companies seemingly can't make a profit without using huge investments to crush the local competition. If they were to act ethically, I would have no problems with these companies.

Also, taking away future profit is not stealing, it's part of the risk of doing business. Don't stuff your money into risky business ventures if you don't want risk.

It's quite sad that pension funds are investing in these predatory businesses but protecting their investments because they're too big to fail undermine the entire concept of competition in capitalism.