

I don’t understand what their long-term plan is here.
They most likely don’t have one. Keep in mind that tech bros and C-suite execs are sociopathic dumbasses. We saw this with AAA gaming studios and private equity where they just assume line will continually go up





Not every company, just most. Privately owned corporations aren’t legally obligated to kill long-term viability for short-term gaing like publicly traded companies are.
Many owners of privately owned corps are that dumb, but not all of them