2 ms·
Because a 1% chance of turning the company around is better than a guaranteed slow bleed to insolvency.
by treis 5y ago
Because a 1% chance of turning the company around is better than a guaranteed slow bleed to insolvency.
- lumost 5y agoTo add to this, growing headcount and fancy marketing can get the dumb money to re-up. If you double customer acquisition costs through sales HC, you’ll probably get some new growth. If you build a whole new team for a trendy thing, it might match some investor thesis.