Not VC, more like hedge funds and institutional investors. But yes, all public companies work primarily for higher share prices, and then everything else. I’ve experienced a public US company paying more than a million USD to save 300k just so they can put out good articles about themselves that they kept promises to shareholders.
Deceptichum@kbin.social 11 months ago
Microsoft is chasing VC money now?
maynarkh@feddit.nl 11 months ago
Not VC, more like hedge funds and institutional investors. But yes, all public companies work primarily for higher share prices, and then everything else. I’ve experienced a public US company paying more than a million USD to save 300k just so they can put out good articles about themselves that they kept promises to shareholders.