I blame the stock market pressure towards growth. The stock market rewards growth at the expense of everything else. It's like a kid pinching his arm to blow up a mosquito that was biting him- it's forced to grow and grow and grow until it pops. It's no longer acceptable to simply run a profitable business with happy employees and customers. It creates a push towards constant acceleration in all things- shorter relea…
Pretty simple solution...if you don't want to be beholden to external shareholders, don't go public. If you're pre IPO, fund your company through debt, which is extremely cheap at the moment with interest rates at historical lows, or sane, sustainable equity rounds through investors who you know and trust and are in it for the long haul. If you're post IPO, pull a Dell and exit the public markets so you can refocus o…
The circumstances were ideal for Dell, and even then look at how incredibly long and tortuous that process was. It almost didn't happen, it's almost miraculous that it finally did. Good for them though, I wish it were much easier for companies to go private again.