this post was submitted on 18 Apr 2026
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Gaming
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This is exactly right. As soon as a company becomes public, it's all over. Profits at X%, every quarter, no matter the cost. It's the death of a company.
It doesn't have to go public to do that. It can get sold to private equity. The original owner can pass the business to their kid who has grown up privileged and huffs their own farts. Going public is a guarantee of enshittification but it isn't the only way.