3 ms·
there is a cultural mindset especially among startups that it's better to be alive and having to make layoffs than to move conservatively, have a faster mover o
by paulmd 4y ago
there is a cultural mindset especially among startups that it's better to be alive and having to make layoffs than to move conservatively, have a faster mover overtake you and push you out of the market, and be dead. "The graveyards are full of businesses that moved appropriately for the market conditions", to warp a saying.
apple is an enormously stable company in ways that (to be very honest) even most other tech blue-chips are not. even microsoft or google have the sword of damocles hanging over them - given a sufficiently long and severe position of mismanagement it is possible that even google or MS could be unseated or even go under. arguably that is the trajectory MS was on in the 00s, and google could be similarly unseated by AI.
intel would be a great real-world example of that. Even 10 years ago the thought of big blue losing control was unthinkable, un-thinkable. And here we are, they're circling the drain right now and need to make very deep cuts and refocus on the essentials or they're going to be in bankruptcy in 5-10 years, during a down market in general and a specific market that they glutted during the pandemic (a lot of customers have enough PCs/laptops/servers for quite a while). And in contrast Apple is still making money hand-over-fist despite the market conditions - now that's stability.
I'm not going to say that google or MS doubling their size on a short-term timescale sounds like a good idea but it's a ride-or-die industry, you're pretty much either getting bigger or getting smaller, and mere homeostasis is a rare luxury.
- ben7799 4y agoThis is kind of a west coast SV/social/adtech type of startup mentality. Working east coast in more traditional tech companies this has never really been a thing. It's always been conservative, staying profitable, etc.. It is the older way. Apple, MS, etc.. were built this way too of course.
- ghaff 4y agoWell, of course, how many of the east coast minicomputer companies are still around? That said, I agree in general, there's probably a general difference in approach between east coast and west coast. (And the mix of companies--and government--is generally different and reflects that.)