Nordstrom Family to Take Company Private in $6.25B Deal

Re:Nordstrom Family to Take Company Private in $6.25B Deal by stuckindoors on Tuesday December 24, 2024 @11:02AM (#42502755)

When companies go public - it’s no longer about running the store/company well or efficiently. It is an extractive process as much as possible at least in the last 20 years. Public companies think quarter to quarter and no longer think long term. Only smaller private companies are able to invest in the long run and invest in the future. The only group of public companies are that can swim against this tide are the tech darling like intel, apple, Microsoft, google.

I worry that the corporate quarter to quarter mentality is ruining American corporation that is taking American capitalism to a new low.

Maybe Nordstrom has a chance if they are private in the long run.

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Re:Nordstrom Family to Take Company Private in $6.25B Deal by luckman212 on Wednesday December 25, 2024 @05:13PM (#42511527)

> "tech darling like intel"

I guess you haven't looked at INTC stock price recently? As of yesterday's close on 2024-12-23 it's essentially unchanged from where it was 30 years ago. If you factor in inflation (which you should) it's actually lost 50% of its value over that time period.

Apple, Microsoft and Google are different animals.

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