And the goal of just growing as quickly as possible to the exit event is questionable at best. It leads to many unfortunate side effects that create unsustainable businesses with illusory short term growth, and the overlooking of unethical and illegal behavior in many instances. I don't need to provide examples, there are plenty in the news.

We need to move beyond this old fashioned idea of shareholder primacy, there are more important things to consider than just clawing at an equity stake and optimizing to increase the value of that stake at the expense of everything else.