How to make a company not suck - eviltoast

I’ve been thinking about enshitification recently, and I’m also working on a startup with a friend that just received funding. I’ve been wondering how one might arrange a business such that it won’t gradually trend towards shittier products in search of higher profit margins.

Obviously, it would be nice to redesign all of society so that this isn’t a thing, but barring that, does anyone have any ideas for setting up a business in such a way that motivations are aligned with producing a good product?

Currently, we’re trying to retain as much control as possible, but at some point we may go public, and if we do, I’m not sure how to keep us aimed at accomplishing our goals. We’re building a platform that should solve or at least improve the replication crisis in scientific research, and we could lose control to investors that want board seats, or sell to someone like Google.

If we do either, I doubt the company will do what we want it to do in the long term.

Going public is the route that seems less likely to lead to this change in direction, but it seems like it could end in the same place over a long enough timeline.

  • Death_Equity@lemmy.world
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    6 months ago

    There is no means to ensure the founding values are maintained once you go public. Iron-clad bylaws that do not permit malfeasance can be rewritten or amended to pervert the founding values and all that takes is enough votes.

    Motivations of people can change, money is strong leverage, and morals are flexible enough to break with enough bending.

    The best you can do is try your best and surround yourself with people who have values that align with your own while actively fighting against anything that even slightly compromises what you stand for. Understand that public influence will defeat you and you can only hold out long enough to make enough to do some good after the cards fall where they do. See what is coming and know when to release your intellectual property into the public domain and open source before you can’t.