3min chapter

Developing Leadership cover image

Placing Bets & Building Trust as an Engineering Leader

Developing Leadership

CHAPTER

When to Bet on a Macro Trend?

Facebook bet the business on ARVR, right? They're betting the entire business on this. And who am I to criticize and critique Zuck here, given his success? But let me just say that Holy cow, like, you talk about conviction a lot, or you can talk just about risk. There was a hundred ways in which this could have gone much better for meta in a less risky way. It could have been mitigated in 100 different ways that could have de-risked this while still keeping the cash cow alive.

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