3 ms·
preparing for an eventual end to the free money rally instead of over-hiring isn't exactly something I'd consider to fall into the realm of psychic abilities.
by Barrin92 4y ago
preparing for an eventual end to the free money rally instead of over-hiring isn't exactly something I'd consider to fall into the realm of psychic abilities.
is "we're a fast growing business but this cannot last indefinitely, let's not overexpand" ´really too much to ask for? It's constantly happening to tech companies because of their internal fantasies.
- ericb 4y agoIf they under-expand, people will similarly complain when their stock languishes compared to other stocks and the board will replace them with someone telling a growth story. The only thing the stock market rewards is growth, so is it really their fantasy?
- candiddevmike 4y agoIn this case, stripe is private, so their stock performance is mostly moot.
- dehrmann 4y agoI'm not convinced free money is as much of an issue as large consumer demand shifts after covid. Inflation-adjusted, money is still free.