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I think this is almost the inevitable path of public companies. Even worse if its not founder run, but manager run. In that case the incentive structure is inev
by zpeti 6y ago
I think this is almost the inevitable path of public companies. Even worse if its not founder run, but manager run. In that case the incentive structure is inevitably going to be about share prices. And share price incentives will slowly erode any culture into driving revenue higher and higher.
Of course there is always the possibility of staying private, but it seems unlikely if you've taken VC money, or have to fund expansion to get to profitability, which most tech companies do.