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41 points

If they ever went public & were legally bound to make profit for shareholders, there would be no good feelings anymore.

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12 points

Going public is usually bad for product quality and consumer oriented business models.

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8 points
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23 points

Private companies aren’t bound to make profit. I purposefully tanked my companies profit to literally 0 during the pandemic so I could keep my employee on at full wage while only open half time. A private company can make profit for shareholders, but it doesn’t have to. It can do whatever the shareholders want it to do, within the boundaries of the law.

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