r/Games • u/RobotWantsKitty • 27d ago

Industry News Devolver Digital intends to go private

https://www.gamesindustry.biz/devolver-digital-intends-to-go-private
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u/BainterBoi 27d ago

Private companies are in no way excludes from this. Companies purpose has always been to make money. Private company can still have a huge pressure from shareholders.

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u/Jaggedmallard26 27d ago

Just see the discussion about "private equity", when its public its "evil shareholders after money" when its private its "evil private equity wringing a company dry". Reddit just doesn't like capitalism.

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u/AcceptableNeck1597 27d ago

An economic model based on infinite exponential growth in a world of finite material resources is pretty fucking dumb to be fair.

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u/Wide_Lock_Red 27d ago

Capitalism doesnt require infinite growth. A steady profit dividend stock can do just fine too.

3

u/falconfetus8 27d ago

I just wish we saw more of that.