The company I worked for in the 1990s tried to be super hip and super democratic. The latter was almost it's downfall. HR told us to "allow people to fail". Bad idea, you want to make sure your people don't fail and feel open to tell you when they're in trouble on a project.

Also it was a sweet place to work until it went public. A privately held company needs to make products that customers want to buy and that are good enough that they want to buy your new products too. In that model the customer is king. But a publicly held company makes the stockholder king and forgets about the customer. Bad idea. It's easy money and that's why the public route is taken. The founders get to cash in and split.

Publicly held companies are also the downfall of America. They act like a Frankenstein monster destroying anything in their way be it the public or competing corporations. Just look for example at the wars between the tech companies. The consumer loses in the end. That's why I bash capitalism. It's about publicly held companies whereas free enterprise is about privately owned companies. And at that companies either public or private should never get too large or the Peter Principle kicks in.

On 06/03/2015 10:49 PM, ultrarishi wrote:

What is it like working at Gawker? - Quora <https://www.quora.com/What-is-it-like-working-at-Gawker>



        
What is it like working at Gawker? - Quora <https://www.quora.com/What-is-it-like-working-at-Gawker> I answered this question for a journalist (and an inquisitive lawyer who was looking to bring a Class Action to Gawker - see: Gawker Hit With Class Action La...
        
View on www.quora.com <https://www.quora.com/What-is-it-like-working-at-Gawker>
        
Preview by Yahoo

Guess it sucks everywhere.


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