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Comment by gowld

4 hours ago

> we have this obnoxious culture where you choose to fire tons of people if you have a bad quarter just to show you're stopping the bleeding

Fixed your error.

They choose to do so because they've lost money in a bad quarter, which might not be the case on the next quarter, its ridiculous. I would rather invest in a market where my investment is long term based, and you aren't just firing people to make numbers work. To these people its all about make the numbers work for investors, they don't care about anything else because of the way that market works. You can offramp your investment on a whim, which is ridiculous and volatile at times. Personally I would prefer more companies go private. Some companies probably wouldn't exist without the public market, like some social media companies, and maybe that's okay if they did not...

Let companies fail, but also lets make investing smarter.