I see it referenced constantly here, not quite as much on Reddit. I know what it means, but just wondering why such the popularity over on this side of the fence?

  • crossover@lemmy.world
    2·
    7 months ago

    At a certain point, a company’s primary product becomes its stock. Share buybacks, short term gains, etc become the strategy. The goal is no longer to create value for customers, but to create value for shareholders.

    • sudo42@lemmy.worldEnglish
      1·
      7 months ago

      At a certain point, a company’s primary product becomes its stock.

      That’s a very concise point. Thank you for this insight.