3 ms·
It may make sense at a certain maturity level of a company, e.g. VC investment in startups. I'm talking about large public companies with relatively mature bus
by jhayward 10y ago
It may make sense at a certain maturity level of a company, e.g. VC investment in startups. I'm talking about large public companies with relatively mature business models.
It's almost impossible to change a business model once it is operating at scale, but management tells capital it can happen all the time.