Greylock General Partner, a sheem chodna's essay entitled Four Tasks for CEOs in 2023, leveraging the downturn. Most startup companies over time develop product and feature creep, added capabilities that stray from their core. The current economic conditions should prompt CEOs to re-rationalize their product roadmaps. In most software startups, cloud has rapidly grown to become the single business cost after headcount.
Audio version of Greylock general partner Asheem Chandna's essay for Forbes "Four Tasks for CEOs in 2023: Leveraging the Downturn." As Chandna puts forth, while economic recessions can mark the end for many otherwise promising companies, they also present opportunities. Businesses that were previously in hyper-growth mode now have time to re-asses and implement tactics they couldn't in busier times. Chandna lays out several strategies to take in this scenario. This essay was read by Greylock's head of editorial Heather Mack. You can read the essay here: https://www.forbes.com/sites/asheemchandna/2023/01/18/four-tasks-for-ceos-in-2023-leveraging-the-downturn/?sh=7494f60f56cc
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