US startups don’t want to go public anymore

Re:US startups don’t want to go public anymore by jungturk on Tuesday February 06, 2018 @10:19AM (#16316751)

I think your points highlights the contrast between how the US thinks of corporate stewardship (shareholders get complete discretion) with how many German companies do (stakeholders all contribute to board-level decision-making).

In the US it seems entirely reasonable that an owner should be able to undermine the long-term viability of something they own, but in Germany other stakeholders - the larger community the company exists in, the employees of the company -- get a seat at the table to determine the company's course.

I'm not advocating for either, just an interesting distinction.

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Re:US startups don’t want to go public anymore by wlll on Tuesday February 06, 2018 @11:01AM (#16317084)

For what it's worth this is my limited understanding of the way the US stock market works from my observations over 17 years in the UK :)

Personally I'm a big fan of the "middle ground" European model that seems to be, "capitalism with boundaries", as far as I can tell unfettered capitalism is incredibly destructive and unfair.

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