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The idea that it doesn't matter seems like survivorship bias. People see all the companies getting their databases dumped without a hit to their stock price/val
by rainbowmverse 8y ago
The idea that it doesn't matter seems like survivorship bias. People see all the companies getting their databases dumped without a hit to their stock price/valuation and declare caution a waste of time, but what of the companies you never hear about that died because someone messed up in the rush to ship?
- jacquesm 8y agoOne indicator is how many companies are bought by turnaround specialists or fire-sales or aquihires to competitors. Those are pretty good bellwethers for the effects of bad technical management.