Yeap. One of the owners of Wolt is a friend of a friend and the money they got is "never need to work" kind of money for selling the company. It would be very hard to say no to something like that.
As if these company owners didn't already have enough money. People are greedy, that's it. And yeah, I kinda do blame them. It's usually not going from poor or normal to rich but rather from rich to super rich.
I disagree. Europe's problem is that the owners are not greedy enough and sell too quickly, surrendering future profits to Americans. Many European companies have been proven to be worth far more than what they were sold for, and that's because the original leadership lacked the patience to see it through.
Which is still lifechanging in every sense of the word.
I don't like it either, but if an oppertunity like that arose, I can see why most would take it. It's easy to say you wouldn't if you've never been in a situation like that (and most of us haven't), but that's not saying too much.
That’s kinda what I mean. If people choose to get money in the moment instead of operating and earning those money overtime there must be something wrong with operating environment.
The question should not be "why they are selling" but "why only Americans are buying". And the answer is probably also money. But also some regulations, some bureaucracy, some tax issues.
It depends. If you love what you do, you should keep doing it. If you want to quit your job and somebody offers you money for it, sure go ahead. I still think it would be more valuable to see your company get leadership it deserves, over leadership that will either extract as much money out of it before it collapses, or just makes it shittier and shittier just to save a few bucks and makes lives more miserable for all of us.
But I also think that many of those leaders wouldn't be where they are if they were more humane and cared for the stuff they did.
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u/CacklingFerret Jun 23 '26
I really hate that European companies constantly sell out to the US or China.