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The thing which really irks me about "bullshit culture" is that it inhibits running companies properly. For example a lot of startups don't focus on quality of
by sealeck 3y ago
The thing which really irks me about "bullshit culture" is that it inhibits running companies properly. For example a lot of startups don't focus on quality of execution and efficiency (although this is changing) because they convince themselves that what they are going to discover/create will be _so_ impactful that basically everything else is immaterial in comparison (once they've created X it will make so much money that it doesn't matter how much they burn now) and things like work culture/organisational problems/profitability are not to be prioritised.
I think there's a case that chasing short-term profitability is bad and can inhibit making more profit in the long run. I don't think there's a case that organisational disfunction is fine – it basically prevents people with great ideas and great teams from reaching their goals. Look at companies such as Uber to see what can happen when you fix the extremely intense organisational problems in a company (under Dara Khosrowshahit Uber has basically had a massive turnaround).
There's the a16z theory that it's better to just throw as much money as it takes money at a problem because it takes too much time to work out a more efficient way to spend the money and you're going to be making infinite money soon. I actually think this is really dangerous – even if we assume that there's infinite money, there's only so much time that we can allocate to certain problems (because time is limited) and an inability to work out how to prioritise and allocate scarce resources in an effective way stops companies from growing.
- EchoChamberMan 3y agoMaybe worse than short term profits is the assumption of infinite growth - endless, year-over-year, growth. Uncontrolled growth in the human body is called cancer. The commodification of labor is also extremely damaging: it devalues experience, and creates a preference for credentials over skills.