Comment by tjpnz
3 hours ago
I'm optimistic provided they continue to be privately held and don't parachute in a professional executive to be CEO after Gabe departs.
3 hours ago
I'm optimistic provided they continue to be privately held and don't parachute in a professional executive to be CEO after Gabe departs.
This is the answer. Enshitification is a requirement of the fiduciary duty of public companies. A private company can stay good forever.
Fiduciary duty doesn’t mean what you think it does.
https://www.investopedia.com/ask/answers/042915/what-are-som...
Fiduciarily speaking, you don’t know what I think it means