Not sure if typo: > Tech companies were thus incentivized to (a) hire like crazy, and (b) do a lot of low-risk high-reward things, even if that ends up wasting

Not sure if typo: > Tech companies were thus incentivized to (a) hire like crazy, and (b) do a lot of low-risk high-reward things, even if that ends up wasting money. "...HIGH-risk high-reward..." would make more sense in the context.