this post was submitted on 08 Sep 2023
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Technology

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[–] aeternum@kbin.social 6 points 1 year ago (2 children)

once they go public, the only goal is MOAR MONEY! reddit will also fall into this trap when/if they go public.

[–] beteljuice@lemmy.ml 1 points 1 year ago

Reddit already fell into the trap a while ago. They've started walking into a cave they found in a trap, and now it's so bad that we are here.

[–] themeatbridge@lemmy.world 1 points 1 year ago (1 children)

Shareholders can actually sue a business for making ethical decisions that leave money on the table.

[–] SheeEttin@lemmy.world 2 points 1 year ago (2 children)

People can sue for anything, doesn't mean they'll win

[–] themeatbridge@lemmy.world 1 points 1 year ago

You're right, because usually the deeper pockets win. It's likely the shareholders would just fire the executive and sue later, and then settle for whatever part of the golden parachute they want back.

[–] aeternum@kbin.social 0 points 1 year ago

I'm going to sue you for that!