Evergreen #capitalism
▻https://hackernoon.com/evergreen-capitalism-585f75cebe24?source=rss----3a8144eabfe3---4
How the token economy can transform business.Photo by Aaron Burden on UnsplashCompanies that go public strike a devil’s bargain.In return for a heavy dose of liquidity, the company is driven by an unrelenting push to increase revenue in order to appease its investors. A perfectly sound business that is executing well and delivering profits can still fall victim to the demands of an investor base that demands growth at all costs.This can lead to tragic mistakes — expanding into unfamiliar markets or spreading into new verticals far too soon — that can distract from its core business and ultimately cause the overall business to suffer. A business that sells its share to the public is ultimately infected with a kind of cancer- a malignant disease that can drain the lifeblood of the company over (...)
#token-economy #evergreen-capitalism #business-strategy #blockchain