this post was submitted on 15 Nov 2024
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[–] [email protected] 8 points 11 hours ago (9 children)
[–] [email protected] 3 points 10 hours ago (7 children)

I don't get it. They were rich beyond most people's wildest dreams. Why did they jump aboard the enshitification bandwagon?

[–] [email protected] 5 points 10 hours ago (1 children)

Public trading... it's capitalism. By law you have to try and extort every penny.

[–] [email protected] 4 points 9 hours ago (1 children)

Now that I think about it I'm not sure why they had to accept investor money at all. I wonder if it would have turned out differently if they had remained 100% privately owned?

[–] [email protected] 4 points 7 hours ago

Because growth... Without the R&D money, Microsoft or Yahoo, or someone else would have figured out how to do what they do faster/better, waited until google was a forgotten name and then enshittified.

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