It’s so nuts…
Speaking to shareholders, about ‘shifting’ the model, in an open and public medium.
He’s literally talking to people who want their money to grow, about changing how the money grows…if you read between the lines it’s basically
"Hey we know this is a growing concern, here in the c-suite we see it coming too. Rest assured, we’re going to pander to public sentiment so our shareholder profits remain intact. Our hope is that in doing so we attract more talent to exploit thereby maintaining that upward trajectory we all know and love.
Remember ‘unlimited PTO’? Yeah, we’ll give these guys the same treatment."
But because these statements are public as are the financials etc, they won’t just outright say it. I’ll bet you quarterly and annual filings have the same type of stuff in the section disclosing current and foreseeable risks.
The modern CEO has been bred to appease the shareholders, but not any shareholders…just the ones with enough skin in the game and enough influence/power to destroy lives, CEOs included.
The game is fully rigged, the only ones who have any real free will are the hedgefunds and investment houses. Keep those entities happy and your little company thrives.
As a CEO, you’re just the colonial general sitting in the big house exploiting a workforce and shipping the value/profits back to the homeland.
Just look at Bezos…ex hedgefund guy builds digital platform to buy/sell books, and then AWS happens, and then literally thousands of brick and mortar stores close down giving amazon a monopoly in lots of regions. Visionary entrepreneur my ass…modern day colonizer and profiteer is closer to the truth.
Bezos will be a trillionair in this decade, his shareholders basically have a infinite money supply, and like Walmart; Amazon employees are getting their hands chopped off because they didn’t produce enough rubber for the King/Queen/HFT-Firm