this post was submitted on 11 Oct 2024
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Shareholders love them
Should they though? The average lifespan of a car is 12 years. Even if they got someone to pay the subscription the entire time, that's like 5% of the value of the car, spread over a length of time that makes it almost worthless. They could more easily charge an extra 1500 for the car, which is more money and it's money they get now and isn't picked apart by inflation.
It's not especially good financially in the short or long term and is harmful to the brand image and customer loyalty.
I think I can speak for most Americans (and as someone who owns stocks) fuck the shareholders.
I bought a bit of BP shortly after the oil spill.
I was hoping to lose it all, but had the feeling I'd end up making money. I did make money.
All those shareholders should have been fucked.
You are the reason they didn't lose it all.
Yeah, if not for me the government would have responded appropriately and bankrupted the company.
Exactly! I'm glad you understand.
You're the problem. You get that, right?
how else are people supposed to avoid money losing value? bonds?
I'm conflicted. On one hand, I'm a shareholder due to broad market investments in my 401k. On the other hand, I'm a consumer.
On net, screw this nonsense, just make good products and the recurring revenue will happen due to happy customers.
Shareholders love lootboxes too.
And one party autocracy.