2min chapter

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$NFLX earnings, Reed Hastings steps down, Google's 6% RIF & Ok Boomer with Mike O'Brien | E1662

This Week in Startups

CHAPTER

The Black Swan Is a Failure of Strategic Thinking

There's no question that these companies are bloated. They dramatically over-hired. And if the stock price is going up, they're just cutting to juice the stock price. Apple has done such a good job of maintaining stock price performance with buybacks and metrics. For this Google, Microsoft didn't need to do it either. The optics become too great.

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