Date: Fri, 31 Dec 1999 13:25:17 -0700 From: Brett Glass <brett@lariat.org> To: "Jesse Tilly" <jtilly@gw.total-web.net>, "Will Andrews" <andrews@TECHNOLOGIST.COM>, "Gorden Fischer" <gfish123@pacbell.net> Cc: <chat@FreeBSD.ORG> Subject: Re: If FreeBSD goes public (Was: Will FreeBSD ever goes public?) Message-ID: <4.2.0.58.19991231132328.0187cc50@localhost> In-Reply-To: <01dc01bf53da$e2340860$0301a8c0@lothlorien.com> References: <XFMail.991230201155.andrews@TECHNOLOGIST.COM>
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At 03:03 PM 12/31/99 , Jesse Tilly wrote: >-----BEGIN PGP SIGNED MESSAGE----- >Hash: SHA1 > >Everyone needs to remember that "going public" entails more than just >offer stock. Your books are open to the world and your business >focus must always take into account shareholders. Case in point, had >UPS been public during its strike, it is unlikely it would have >lasted long as its stock would've plummetted while FedEX and others >would gain the financial support. Public is rarely a good thing for >a business with a philosophy. It's actually even worse than that. By LAW, a publicly traded company has one and only one legitimate goal: to make money for its stockholders. That's it. Period. If this goal can be better served via the production of lower quality software, or by shipping too quick, so be it; the directors and executives are liable if they don't do it. --Brett Glass To Unsubscribe: send mail to majordomo@FreeBSD.org with "unsubscribe freebsd-chat" in the body of the message
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