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These execs actively kill businesses because in their minds it is either moonshot or nothing. Its strange because they look at something that makes $200 millio
by kamaal 4y ago
These execs actively kill businesses because in their minds it is either moonshot or nothing.
Its strange because they look at something that makes $200 million an year and think I am better off making something that makes a $1 billion than $200 million. They now shut down the $200 million product, but never succeed building $1 billion product. Net result is after a while you are -$200 million.
Do this with a few products for a few years, you are now just a pie in the sky dream company with no real products and actively shutting down things that bring in money.