3 ms·
Econ 101: index to 2% inflation, tolerate mild losses. Elon 101: hire aggressively until product finds PMF, then fire aggressively.
by dxbydt 3y ago
Econ 101: index to 2% inflation, tolerate mild losses.
Elon 101: hire aggressively until product finds PMF, then fire aggressively.
- killjoywashere 3y agoIt’s the old county fair analogy: the rich kids get shots on goal until they hit. Middle class kids get one shot. The poor get no shots, they’re working the fair. There are progressively fewer middle class kids getting their one shot. And some of them used to get two.