4 ms·
A big part of this is investors demanding financializaton. Unless you're in a sector that investors have decided is a "growth" sector, it's all about capital ef
by lazulicurio 4y ago
A big part of this is investors demanding financializaton. Unless you're in a sector that investors have decided is a "growth" sector, it's all about capital efficiency and headcount and how much "fat" you can trim. See, for example, the recent gas price situation. Companies are far more worried about becoming overcapitalized than they are worried about losing out on some sales volume.