Tadano on Nostr: The whole point of going public was easy, quick access to capital for expansion + ...

The whole point of going public was easy, quick access to capital for expansion + stability. In addition, the theory goes that a public company should run more efficiently due to the increased number of eyes on how the company operates.

Of course, in practice this all goes out the window. Turns out committee/democratic rule inevitably turns into a goatfuck, especially when the members of said committee are incentivized to operate with amoeba cognition!