• 0 Posts
  • 94 Comments
Joined 1 year ago
cake
Cake day: June 29th, 2023

help-circle











  • I think people love to hate Steve. The one thing people love more than a great figurehead, is hating one. I think that Steve had a great internal model of how to combine form/function.

    iPhone wasn’t the first smartphone, but it may as well have been. It brought the smartphone to the mass market.

    Part of it was a great advertising campaign, which unlike the smartphones at the time, pitched it as a luxury good as opposed to an executive enterprise one. You owned a blackberry to answer emails wherever and whenever you were, you owned an iphone so you can check Google Maps. A large part of it was redefining both the form factor, and use case of a smartphone.


  • Goodie@lemmy.worldto196@lemmy.blahaj.zonerule
    link
    fedilink
    arrow-up
    1
    ·
    4 months ago

    That makes no sense.

    The only difference between a public company and a private company (in this sense) is how liquid the asset is, said another way, how easy it is to enter or exit the position, and how regularly the holdings value is recalculated.

    I could buy 100k of valve stock of someone tomorrow, and then find myself wishing I’d bought NVIDIA. I could buy NVIDIA tomorrow, and it could crash and I could wish I’d bought in to Valve.



  • Goodie@lemmy.worldto196@lemmy.blahaj.zonerule
    link
    fedilink
    arrow-up
    29
    ·
    4 months ago

    Valve might not be a publically traded company, but it sti has shareholders. Some of those shareholders still want Valve to increase value, etc.

    The difference is that valve has a songle large share holder who seems to just not give a fuck about those pressures. While most (all) publically traded companies crumble and fall to that pressure.






  • You need more upvotes.

    High interest rates are here, and it’s likely to be some time before we get back down to the 1% interest rates we saw during covid (or even before).

    Companies are shifting either to real or imagined pressures of the stick market. And those pressures are less about chasing unlimited growth and want to see some return.

    Ergo. Layoffs. Meta producing dividends.

    If interest rates stay high, I’d expect to see large megacorps shift more and more to profitability over growth.