Re:Layoffs at Block
by missedthecue on Thursday February 26, 2026 @07:12PM
(#47174320)
"Why not … try new industries, play around, try to become the next Mitsubishi or Samsung or General Electric."
Betting the company on becoming a conglomerate is just not a great strategy. It is almost always smarter to focus on what you do best, "core competencies" in MBA-speak.
Positive EV bets are hard to come buy. There aren't an unlimited number of them.
Betting the company on becoming a conglomerate is just not a great strategy. It is almost always smarter to focus on what you do best, "core competencies" in MBA-speak.
Positive EV bets are hard to come buy. There aren't an unlimited number of them.