Re:Atlassian is 20 years old and unprofitable
by zeruch on Thursday June 30, 2022 @12:57PM
(#31935333)
"What the market wants is short term growth and I firmly believe that is what is destroying our economy and the market."
Agreed, and its now a pox on the overall system.
Re:Atlassian is 20 years old and unprofitable
by dalbasal on Thursday June 30, 2022 @01:38PM
(#31935838)
Perhaps, but I think on this instance... this short-termist mindset has a basis.
What kind of a 100 year future does Atlassian have? Jira certainly isn't a 100 year product. Software is so fast... IDK. The pox is not just a product of greed and malice and nothing.
Re:Atlassian is 20 years old and unprofitable
by Supermancho on Thursday June 30, 2022 @02:51PM
(#31936852)
> What kind of a 100 year future does Atlassian have?
We're talking about a company that produces products that are widely used. JIRA is not the issue, but the company that produced it. 100 years is stretching it, but I would believe that Atlassian outlasts yahoo.
Re:Atlassian is 20 years old and unprofitable
by formerkrogemp on Thursday June 30, 2022 @10:57PM
(#31941760)
Is Atlassian just another yahoo though?
What the market wants is short term growth and I firmly believe that is what is destroying our economy and the market.
Instead of building pillars and companies that outlive the founders, we have short term cash grabs. We have VC firms buying up our existing pillars, gutting them of any valuable assets, saddling them with debt, and then selling off the carcass. We have firms buying up real estate and creating or exacerbating scarcity to drive up demand and prices. We have shifts towards subscriptions and quarterly profits.
It's not healthy and it's destroying us.