Edit: This question attracted way more interest than I hoped for! I will need some time to go through the comments in the next days, thanks for your efforts everyone. One thing I could grasp from the answers already - it seems to be complicated. There is no one fits all answer.
Under capitalism, it seems companies always need to grow bigger. Why can’t they just say, okay, we have 100 employees and produce a nice product for a specific market and that’s fine?
Or is this only a US megacorp thing where they need to grow to satisfy their shareholders?
Let’s ignore that most of the times the small companies get bought by the large ones.
You’re thinking of publicly traded companies. That is not “companies”.
No, you’re desperately flailing to try to think of yourself as correct when everybody knows you’re wrong. You’re well aware of the context of this discussion, and you don’t know what you’re talking about.
🙄
The context is ‘companies.’
99.99% of companies are privately held.
The only thing requiring a company to be public is the desire for growth.
It’s a fallacy. As stated.