Re:An Update on January 2023 Organizational Changes
by buffington on Monday January 23, 2023 @06:32PM
(#34496685)
> Have you built a Billion $$$ company?
I was a cofounder and CTO of a company that, at its peak, had a valuation in the billions. So yes.
> History is also filled with idiots
No disagreements here.
There is also a risk of not scaling at the right time.
History is filled with failed companies that didn't scale during 2012-2022 and were conservative.
History is also filled with idiots who claimed bubble and predicting crash every year.
If I have limited ambition of staying a $10 Million company, I can absolutely play it safe and hire very conservatively.
Scaling is a Risk/Reward play.