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Comment by ebbi

3 hours ago

Exactly. I'm conflicted, because as much as I benefit from being a shareholder of companies, I am also acutely aware of the fact that once a company is listed on the stock exchange, there is an inverse relationship between profit-focus and user-focus.

Not being on the stock exchange, a company like Apple could be like, you know what, we make enough money from our hardware and services to both grow and pay our people well, so we will remove the 30% fee on apps and keep our developers happy and loyal, increase the cloud storage capacity for our customers, etc. But they simply can't do that, because it's all about YoY revenue growth to keep the shareholders happy.