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Most smaller startups, because it's literally do awesome work or shut down. Trading/finance, because it's either outsmart the rival trading firms, or lose your
by brianwawok 6y ago
Most smaller startups, because it's literally do awesome work or shut down.
Trading/finance, because it's either outsmart the rival trading firms, or lose your entire stack in 1 day.
- specialist 6y agoCould I restate your view as: Competition keeps orgs and people honest. The economics book Design Rules: The Power of Modularity suggests orgs use something like NPV to assemble as a basket of competing efforts to tackle problems. The strategy of prematurely picking winners, come hell or high water, always struck me as sub-optimal.
- brianwawok 6y agoI think that is true... but man, if that was 100% of jobs? I don't think a lot of people would love that. You have to have a certain mindset to want to fail over and over again until someday you fail upward.