Re:I no longer build software
by grishka on Monday September 21, 2020 @04:14PM
(#24547916)
> If you had put a couple of millions into a company you'd probably expect to get your money back, no?
Yes and you will eventually get it back if your company turns profit — any profit. That doesn't in any way imply growth at all costs which is what the world is obsessed with today because stocks. Practically, it doesn't make much sense to earn hundreds or even thousands times more money than what you spend, yet most companies do just that. It ends up laying idle on bank accounts, not benefitting the end users and society at large in any way.
> Would you be happy giving your money away?
Yes if that meant making the world better.
> Many people start their own business with their own money and don't have to answer to investors. Look outside of tech: restaurants, design studios, stores, etc.
Yes and you will eventually get it back if your company turns profit — any profit. That doesn't in any way imply growth at all costs which is what the world is obsessed with today because stocks. Practically, it doesn't make much sense to earn hundreds or even thousands times more money than what you spend, yet most companies do just that. It ends up laying idle on bank accounts, not benefitting the end users and society at large in any way.
> Would you be happy giving your money away?
Yes if that meant making the world better.
> Many people start their own business with their own money and don't have to answer to investors. Look outside of tech: restaurants, design studios, stores, etc.
And those usually respect their users/clients.