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I am really surprised more CEOs don't do this. If I got a business to a few million in recurring revenue it would be very tempting to slice expenses down to ju

• johnnyanmac 3y ago
  publicly traded companies don't want steady profits. They want infinite growth, and growth requires investment in R&D. Hence the huge hiring sprees over the pandemic. But prospects point towards a recession, the boons of the pandemic are over, and interest rates aren't dirt low anymore. Which is why companies are indeed shifting down to "maintenance mode".
• Aloha 3y ago
  The market doesnt reward to, effectively. The real thing is to treat a product as a sustaining engineer product, so minor new features, catering to the users you already have rather than trying to chase growth, etc.