3 ms·
All bacterial growth hits "stationary phase" at some point before collapsing, and he seems to miss that most empires and companies do the same.
by yawnxyz 3y ago
All bacterial growth hits "stationary phase" at some point before collapsing, and he seems to miss that most empires and companies do the same.
- pierat 3y agoBecause the goal of a vulture crapitalist is to sell at the exponential part of the sigmoid curve. And of course, sell the idea that "the next big idea" is exponential at 30x..... Until you hit the top of the sigmoid. Wash, rinse, repeat. EDIT: Whoops, I forgot to fellate venture capital. You know, the group of companies that would rather leave smoking ruins rather than happily sustainable to 5x companies, and deign to get anything less than 20x companies... and ideally 30x companies. This is the same group of companies that destroyed Bed Bath and Beyond, Instapot, Toys-R-Us, and loads more, all to cash out and get a jackpot than actually create sustainable and happily workable long term companies.
- dalyons 3y agoFYI all those examples are PE, not VC. Fairly different. Not that VC doesn’t have its own problems, but yeah.
- mathackernews 3y agoYes it's a nice article but it doesn't take into account situations where the Law of Diminishing Returns applies.