frunch@lemmy.world 2 weeks ago
This really seems to be the direction that any successful venture eventually turns into: a vehicle for rich investors to insert their control and their ideas for the sake of turning out more profit for themselves. It’s never about making a better product or making it more affordable or accessible–it’s never about improving anything if it doesn’t satisfy the demands of someone with money that came along and bought enough stock in the company to take charge of it.
I have wondered about that in the past, how a small company goes public and picks up funding from a billionaire. Now he sits in his little office running his little company with 2 guys in black suits and sunglasses watching their every move. I just don’t get the warm and fuzzies when i think of capitalism anymore. To succeed puts you in league with some unbelievably ruthless and selfish people.