• 0 Posts
  • 6 Comments
Joined 11 months ago
Cake day: October 17th, 2023
  • araozu@lemm.eetoGaming@beehaw.org•Rant: Valve's new Steam Deck screws speak volumes about their ethos.
    11·
    10 months ago

    If valve were public, and required to make a lot more money than the previous quarter, they would absolutely need (want?) to get the maximum amount of money from wherever they could. It’s what I think it’s happening with netflix & others. It doesn’t matter that (hypotetically) they make a billion dolars of revenue. They need to make more next quarter. So they need to raise prices, forbid account sharing, reduce content quarity, anything to earn as much money as possible for next quarter.

    Volvo could earn a billion dollars, and if they don’t want to earn more, they could happily stay the same. They might even want to make moves thinking on the long term, such as keep customers happy and excited, or invest in new technologies like proton. Compared to netflix execs, who don’t care about the long term, they care about next quarter.

    I don’t know a lot about the stock market, but it looks stupid to me to bet on infinite growth. If the company earns money, and I own shares, shouldn’t I earn money via dividends? It looks to me like the only way to make money is to buy low and sell high? Or is that just greed?

  • araozu@lemm.eetoFuck Cars@lemmy.ml•Atlanta 1950s and now
    3·
    11 months ago

    I don’t think that’s the case. My country is also big, cities are apart by hundreds of km. But our cities still are dense, there are (almost) no suburbs, and roads are not giants. In my city (2nd largest in the country) the largest roads have 6 lanes. There is only 1 street with 8 lanes. A lot of important busy streets have 4 lanes. Most streets have only 2 lanes.

    There are still sidewalks (many streets even have more sidewalk than road), there aren’t huge parking lots everywhere, public transportation is everywhere.