Re:Fidelity cuts Reddit valuation by 41%
by roncesvalles on Friday June 02, 2023 @09:20AM
(#36164684)
I agree. Investors and shareholders would much prefer a company that doesn't destroy their product.
If an organization systemically makes decisions that degrade the user experience, it's safe to say that the organization is dysfunctional i.e. it is simply not a competent custodian of the product that it is entrusted to manage. It is up to shareholders to decide whether such a company is still investable.
If an organization systemically makes decisions that degrade the user experience, it's safe to say that the organization is dysfunctional i.e. it is simply not a competent custodian of the product that it is entrusted to manage. It is up to shareholders to decide whether such a company is still investable.