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You'll get millions of dollars invested in hype-and-nothing-really-to-show-for-it startups, or sold for hundreds of millions of dollars to a fortune 500 the pro
by TriNetra 6y ago
You'll get millions of dollars invested in hype-and-nothing-really-to-show-for-it startups, or sold for hundreds of millions of dollars to a fortune 500 the product which is then phased out into a black whole in an year two from the buyer company's portfolio for the same reasons – having found a right connection at one of those three levels.
- higerordermap 6y agoWhen all this bullshit actually works, I feel like there's something deeply wrong with the way modern bureaucracies are structured. If people have knowledge of field they are going to manage, this is less likely to happen. As Joel Spolsky puts it, The cult of the MBA likes to believe that you can run organizations that do things that you don’t understand. https://www.joelonsoftware.com/2006/06/16/my-first-billg-review/ https://www.joelonsoftware.com/2006/06/16/my-first-billg-rev...