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SUSE To Be Taken Private By Its Largest Shareholder
(www.phoronix.com)
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this post was submitted on 17 Aug 2023
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If they're public, they have huge pressure. If not, they can play their own game with a specific strategy that a shareholder might not like. So this could well be a good thing. Public trading usually leads to enshitification.
Company wholly owned by the EQT group, a publicly traded global investment organization. This is just going to lead to more enshittification.
If they own 79%, Marcel can already make it do what they want.
But you are still obligated to always act in the best interest of the shareholders. Private means you don't answer to anyone outside the company and are not forced to do everything to pump the stock price every quarter.
For all practical purposes Marcel was the only shareholder anyway.
That being the reason why valve are able to produce quality over quantity
Used to think the same about LTT though