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Comment on Court blocks the FCC's efforts to restore net neutrality... again

NegativeInf@lemmy.world ⁨3⁩ ⁨months⁩ ago

Investors are shit. If your company can’t make it on the profit from the product or service, it shouldn’t exist.

At the same time, any company large enough to capture more than half the marketshare of any single segment should be broken up into at least 3 companies.

And private equity companies buying up small companies and then trading them like playing cards should be banned as well.

I’m so tired of these lazy, fat, investor class chuckle fucks getting handouts from the government.

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TexasDrunk@lemmy.world ⁨3⁩ ⁨months⁩ ago
The people running private equity companies should just be shot

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- NegativeInf@lemmy.world ⁨3⁩ ⁨months⁩ ago
  Well, once again Mr TexasDrunk, I find we agree. I just have to couch my words, as we need to “turn down the temperature” or some bullfuck.
  
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  - TexasDrunk@lemmy.world ⁨3⁩ ⁨months⁩ ago
    Yeah, I know, but I’m hung over and having a bad day. Those people bring nothing to society and in most cases actively harm their employees and customers before gutting businesses, taking the money, and starting over on the next business.
    
    Fuck them, fuck their mom, fuck their dog, fuck the horse they rode in on, fuck their grocer, and fuck them again just for good measure.
    
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    NegativeInf@lemmy.world ⁨3⁩ ⁨months⁩ ago
    Hope you get to feeling better man. And I agree. I work for a company that was bought by private equity and it’s just hot fucking garbage. Multiple times a day I dream of setting the equity partners on fire.
    
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    bobs_monkey@lemm.ee ⁨3⁩ ⁨months⁩ ago
    Hey now, that grocer is just a dude providing food to their community. Unless they Kroger/Vons/etc, then yeah fuck them.
    
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JasonDJ@lemmy.zip ⁨3⁩ ⁨months⁩ ago
I’m sorry do you have any understanding of how the economy works at scale?

A fundamental part of it is that money has to move. Lots of money that sits is really, really bad.

That’s where investment comes in. Big projects come in (beit R&D, or production, or expansion) and they cost more to start than there is in cash reserves. You could consider a loan an investment as well. And that would be the same, making the bankers the investors (this also applies to mortgages and any other consumer loan).

They must, otherwise companies taking on multi-million dollar projects would have to have more multi-millions sitting dormant in cash reserves. And at the scale of global economies, that is a bad thing.

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- NegativeInf@lemmy.world ⁨3⁩ ⁨months⁩ ago
  Pour it into your products and services. Not buying your competition. Research, develop, PAY YOUR FUCKING EMPLOYEES.
  
  You know what moves money around the economy better than handing one asshole 10 million from the wallet of another asshole? Giving your employees enough money to live on, enough money so that they are secure and happy to work, have kids, have a life. Regular people spend their money.
  
  Private equity is just dragons hoarding wealth in the form of businesses rather than literal coin.
  
  Boot lick harder.
  
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