Comment by hermanzegerman
13 hours ago
Well every company claims no enshittification when they get acquired, in the end that's rarely the case. It's like Private Equity buying a company out and say "Nothing will change"
13 hours ago
Well every company claims no enshittification when they get acquired, in the end that's rarely the case. It's like Private Equity buying a company out and say "Nothing will change"
The key difference is the outside investors, who more times than not has no interest in what's best for users ultimately.
Outside investors want profits. A company with thirty-five employees wants profits. I don't see a meaningful difference.
Give it a try to work in both, see what work gets prioritized VS not in each of them. Makes a huge difference, in my experience. Investors are counting on eventually getting paid 10x or nothing, employees generally expect a monthly salary and a Christmas bonus, this massively change what direction they think the company should be on.
Owner of the thirty-five employees company wants long term income and sort of security. They usually do not want huge peek in short term followed by death. They are also less comfortable with strategy that has 95% chance of destroying the company and 0.5% chance is earning a lot with 5% in between.
Outside investors are the exact opposite.
Also, smaller owners do not have that billionaire mindset of "any unethical or illegal action goes". It is not like they would be saints, but there is range of personalities and value systems among them. Billionaire became billionaires because not caring about any of that gives them advantage.