> Corruption within private companies is irrelevant, as the main ones to suffer from it are usually shareholders.

And a few millions of people suffering because they're being misled into buying "wellness" solutions.

And a few hundreds of millions of people around the world suffering the effects of local pollution and clean water laws being skirted.

And a few billion folks who are gonna suffer the effects of climate change.

etc...

Other than the 6-7 billion humans who suffer due to private company corruption, it's basically only the shareholders.

"customer" is a much better term IMO. It indicates this is ultimately a transactional relationship where both sides have certain responsibilities. The customer the responsibility to provide the money, and the provider receiving the money has a responsibility to provide the customer with something, products or services, of value that makes their lives better.

"user" is a worse term. It suggests that the "user" is simply utilizing the provider's products/services, and therefore they can't really complain about whatever the provider chooses to do in return, because the "user" can simply stop using.

It's also not a coincidence, IMO, that drug addicts are also called "users" since "user" implies a one way dependent relationship and that's what all the tech companies have been trying to create.

I'm curious what you think VCs, etc. who are investing in all these private companies want to do?

The only difference with public companies is we actually have data about their finances.

The private companies are doing it all under wraps.

This is correct.

This isn't a financial transaction. This is a "relationship" transaction.