I’m still trying to understand the rationale. They should create a comparison against the current public markets to highlight the differences.
Based on the “long term”, I’m guessing the core concept is no quarterly reporting, so companies can focus on long term initiatives.
However, how do they explain Amazon, who reinvested what would be their profits for over a decade, to continue expanding their business and build the massive Walmart juggernaut? All Bezos had to do was describe the strategy to the market, expand quarterly sales, and many investors were patient over the years.
Based on the “long term”, I’m guessing the core concept is no quarterly reporting, so companies can focus on long term initiatives.
However, how do they explain Amazon, who reinvested what would be their profits for over a decade, to continue expanding their business and build the massive Walmart juggernaut? All Bezos had to do was describe the strategy to the market, expand quarterly sales, and many investors were patient over the years.