Sep 3, 2023
I’m glad we’re going back to business fundamentals, operational efficiency, and road to profitability as a North Star for companies, demanded by their backers.
Growth at all cost without a meaningful USP or IP maybe made sense when money was free and interest rates were close to 0%.
Hubris is always there, lying dormant, awaiting the right conditions to sprout.
Without proper checks and balances with an active, responsible board, a vocal executive team, and a self-aware CEO, most companies are three or so decisions away from becoming a similar parable.