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Hard to comment, but I'll say that this is fairly common in the world of Global companies. Good decisions vs. Bad ones, or decisions at all can often happen by
by AndyNemmity 12y ago
Hard to comment, but I'll say that this is fairly common in the world of Global companies. Good decisions vs. Bad ones, or decisions at all can often happen by chance more so than choice. Location, there are many variables that come into it. If you end up having a ton of talent, it all works out no matter what, but if you would have told me that before I had experience in it, I'm not sure I could have believed it.
10 years ago in startups, it seemed a lot like bootstrapping. Paying newish guys to fill in the ranks to not spend money. Now, more and more enterprise PHD guys are being hired by startups draining the talent pool. Will be interesting to see 10 years from now if that continues to play out, or if it corrects itself in some way.
I'd assume that has to do with the influx of capitol in startups. I used to think startups couldn't pay for Enterprise guys, but in the 2 years that's changed. Would be interesting to hear more thoughts from VC perspective if they see this as well.