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Re:TWTR by joezydeco on Thursday November 07, 2013 @12:09PM (#6690577)
I believe going public poisons any company. CEOs change their vision from long-term to insanely short-term. Gotta make those quarterly numbers or they're screwed.

There have been a few exceptions to this, Apple being the most famous one. Facebook was on the same track but the SEC rules about share ownership forced their hand.

Re:TWTR by davidw on Thursday November 07, 2013 @12:11PM (#6690594)
Amazon has pretty weird numbers, and is public.
Re:TWTR by joezydeco on Thursday November 07, 2013 @01:07PM (#6691094)
I think Amazon is another outlier, as we've already discussed:

https://news.ycombinator.com/item?id=6591112

Notable pull quote: "It's important to note that if any other company spent until their EPS was negative, investors would /flip/. Amazon is playing with razor thin margins while trying to scale up a platform to end all platforms that we might someday use for everything without thinking about it."

So again, like Apple and Facebook, everyone knows the CEO is playing the long game and doesn't give a crap what the stock price is.

Re:TWTR by AsymetricCom on Thursday November 07, 2013 @12:23PM (#6690704)
It depends on who holds the stock, and how they're voting. That's pretty clear. When bankers buy a company anticipating a highly profitable return via their models and slam that expectation into the leadership like a floppy do... you know what happens.