> a company that is traded publicly cannot have a long term goal
You think Apple or Berkshire Hathaway have no long term goals? Why make such sweeping statements that are easily shown to be wrong, when you can make a more nuanced and possibly true statement easily?
> Most of the companies that have had long term clout or tried to invest in long term research have been acquired and butchered by venture capitalists for a quick payday.
See, this might well be true and point to a real problem.
Though I think the notion that public markets are dumb and impatient and private markets are wise and long-term is a caricature itself.
You think Apple or Berkshire Hathaway have no long term goals? Why make such sweeping statements that are easily shown to be wrong, when you can make a more nuanced and possibly true statement easily?
> Most of the companies that have had long term clout or tried to invest in long term research have been acquired and butchered by venture capitalists for a quick payday.
See, this might well be true and point to a real problem.
Though I think the notion that public markets are dumb and impatient and private markets are wise and long-term is a caricature itself.