Being publicly traded means you don’t follow any sort of ethics, mission statement, or even actual business metrics anymore, you chase incredibly toxic and self destructive short term profit over all else. Being private means they might be and to recover from their bullshit, especially since a death spiral for a corpo is centuries long apparently.
Comment on Electronic Arts nears roughly $50 billion deal to go private, WSJ reports
Agent_Karyo@lemmy.world 2 days agoI don’t really see why public or private status matters in the picture. It will be still be the same culture (and leadership?). They try something new, but if will still be the same old IMO.
I could be wrong though, I don’t really have much interests in AAA outside of a few exceptions.
shani66@ani.social 1 day ago
ampersandrew@lemmy.world 2 days ago
Truthfully, you’ll likely see very little change in the next few years, but they wouldn’t do it if they didn’t see an advantage to it. The article outlines some of them.