this post was submitted on 05 Nov 2023
262 points (96.1% liked)

Linux Gaming

16067 readers
39 users here now

Gaming on the GNU/Linux operating system.

Recommended news sources:

Related chat:

Related Communities:

Please be nice to other members. Anyone not being nice will be banned. Keep it fun, respectful and just be awesome to each other.

founded 4 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] toastal@lemmy.ml 33 points 1 year ago (2 children)

If they ever went public & were legally bound to make profit for shareholders, there would be no good feelings anymore.

[–] RQG@lemmy.world 10 points 1 year ago

Going public is usually bad for product quality and consumer oriented business models.

[–] Tak@lemmy.ml 6 points 1 year ago (1 children)

Private companies still have shareholders who they are bound to make profit for. They're just shareholders not fixated on stock value as it's not publicly traded.

[–] Bartsbigbugbag@lemmy.ml 16 points 1 year ago

Private companies aren’t bound to make profit. I purposefully tanked my companies profit to literally 0 during the pandemic so I could keep my employee on at full wage while only open half time. A private company can make profit for shareholders, but it doesn’t have to. It can do whatever the shareholders want it to do, within the boundaries of the law.