But that’s why I don’t think the private vs public company distinction is what matters. When it comes to private, there’s a whole class of private equity owned companies that some people won’t even consider working at because of the reputation their cost cutting and flip mentality is. It’s not a black and white private good public bad because only one has public share holders and exchanges.
But isn’t Reddit still private?
Well yeah, but we both know they are behaving like a company heading for an attempted IPO.
But that’s why I don’t think the private vs public company distinction is what matters. When it comes to private, there’s a whole class of private equity owned companies that some people won’t even consider working at because of the reputation their cost cutting and flip mentality is. It’s not a black and white private good public bad because only one has public share holders and exchanges.
It’s definitely not as simple as my quick comment on Lemmy pretends, agreed.