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Brad Gerstner's open letter to Zuck, Meta's lack of efficiency, Divvy Homes hit piece | E1594
This Week in Startups
The Node.com Slash Twist
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The CEO of node.com wrote an open letter to the company urging it to streamline and focus its path forward. Brad: Like many other companies in a zero rate world, meta has drifted into the land of excess. This lack of focus and fitness is obscured when growth is easy, but deadly when growth slows or technology changes. The three-step plan includes reducing headcount expense by at least 20% and taking that number of employees back to a mid 2021 level.
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