this post was submitted on 02 Jul 2026
436 points (91.6% liked)

memes

21793 readers
3564 users here now

Community rules

1. Be civilNo trolling, bigotry or other insulting / annoying behaviour

2. No politicsThis is non-politics community. For political memes please go to !politicalmemes@lemmy.world

3. No recent repostsCheck for reposts when posting a meme, you can only repost after 1 month

4. No botsNo bots without the express approval of the mods or the admins

5. No Spam/Ads/AI SlopNo advertisements or spam. This is an instance rule and the only way to live. We also consider AI slop to be spam in this community and is subject to removal.

A collection of some classic Lemmy memes for your enjoyment

Sister communities

founded 3 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] BeardedGingerWonder@feddit.uk 3 points 1 day ago (2 children)

You say that, but spaceX wasn't a public company 3 weeks ago either.

[–] MrKoyun@lemmy.world 1 points 1 day ago (1 children)

SpaceX was also founded and largely owned by Elon Musk.

[–] BeardedGingerWonder@feddit.uk 2 points 1 day ago (1 children)

That was rather my point, public or private company doesn't really matter much compared to the leadership.

[–] ryannathans@aussie.zone 1 points 18 hours ago (1 children)

Public companies must be penny pinching

Private companies have the choice not to be

[–] BeardedGingerWonder@feddit.uk 0 points 7 hours ago (1 children)

There's absolutely no obligation to be penny pinching for public companies, the leadership is obligated to act in the best interests of the company but that's about it.

The motivations and reward schemes may be very different, public company CEO may be incentivised to maximise share price for instance and that may attract the kind of psychopath that will try and maximise share price by penny pinching - equally I don't think anyone could make a serious argument that being more like Steam would be acting against the best interests of a company selling games.

[–] Feyd@programming.dev 1 points 5 hours ago* (last edited 5 hours ago)

public company CEO may be incentivised to maximise share price

It's not even really CEOs that make all the bad decisions. Layoffs for instance are almost always in reality a direct decision by the board, and the board members of public companies are usually even worse people (and in many cases just a direct representative of a bigger company so it bubbles to the same worst people at the top) than the CEOs, as hard as that is to believe

[–] ryannathans@aussie.zone 1 points 1 day ago (1 children)
[–] BeardedGingerWonder@feddit.uk -1 points 1 day ago

Oh, didn't notice the part you specified gamers