Isn’t that a prerequisite for enshitification? Publicly-traded companies are required (by law, I think) to maximize profits for their shareholders, even if that means utterly ruining their original product (Reddit, Boeing, etc.), yes? What do you think?
I don’t think that it’s a prerequisite but it’s definitely a catalyst.
Another catalyst is one company buying another. I cannot think of one example where the acquired company’s product/services got better after a M and A. OTOH, I can think of many examples of it getting worse. Confirmation bias? Absolutely. But still makes you go “hmm…”
Another catalyst is one company buying another. I cannot think of one example where the acquired company’s product/services got better after a M and A.
I feel like there have been some positive outcomes of mergers and acquisitions but I am having trouble thinking of them. What comes to my mind is Meta acquiring Oculus, Activision merging with Blizzard, and Microsoft acquiring Minecraft. All of those have led to a shitty Russian nesting doll of launchers and DRM.
The positives might be harder to note though. There must have been a couple times where some kind of acquisition has brought a series into the mainstream.
I know a lot of people prefer the classic Fallout games but I do wonder how people would be aware of the series if it weren’t for Bethesda buying the right to Fallout for example.
That’s true, and also why I added that last part about it being confirmation bias on my part. Definitely not saying there aren’t good examples, but like you said, I’m also having a hard time coming up with any.
Has Valve ever bought any other company? lol They’re one of the few I could see actually making the child company better xD
I’m not sure. Portal and Team Fortress both have really interesting back stories that I think have a bit to do with Valve acquisitions
Interesting. I’ve never played TF but Portal is one of my all-time favorites (I’m not much of a gamer lol). Will try to look into that when I have time because it’s definitely interesting if true (and can be my token good example lol).
You might be interested in Portal on the N64 while you’re at it.
I’d check out Narbacular Drop. Pretty sure that’s the game that I’m talking about that became Portal, in a way, later.
There was a good YouTube video about it a while ago but I think it had a clickbait title that makes it hard to find.
I’ve followed that for a while :) Saw it on Hack a Day early in its development and thought it was one of the coolest ports I’ve ever seen. Sadly, I think he got D&D’d. Best I recall, I think it was unlicensed use of the N64 SDK or something like that.
Publicly-traded companies are required (by law, I think) to maximize profits for their shareholders,
The is not true, stop spreading misinformation
Not because, no. I think it’s greed.
I don’t think it’s required by law for a publicly traded company to increase profits. I think that’s a side effect of shareholders voting.
If Microsoft held a vote on whether or not disclose a report covering diversity I feel like the board would recommend against it and a majority of voters would agree because it could mean decreasing their stock’s value.
There is a thing called ethical investing but that can mean investing in stocks that will see lower gains.
All-in-all I feel like it depends a lot on the core of the company and what percentage of the company belongs to different people.
To be clear: I am not a professional and am drunk. This is just my two cents on the topic.
Nope! My company is private after getting bought last year and they are definitely fucking it up with “ai all the things” and “ai makes us more human” and strip mining out our actual work culture and replacing it with an even more soulless grind
Reddit was shit before it went public or even before they were talking about making it public, so no.
No. Enshittification happens because of venture capitalism.
Startup companies get a lot of money early on with the hopes that, after the investment cash is spent, there will be a profitable company left in its place. That company can become publicly traded or get sold to another company. The key is that the investors make their money off the startup.
The flip side is that, without venture capitalist companies, a lot of these companies wouldn’t get the opportunity to grow.
