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Comparing the Dotcom Crash to Today (with Tom Cowan from TDM)
ACQ2 by Acquired
The Importance of Emotional Stability in Business
Tom, I'm always curious about these companies where they seem to be maximally value extractive over the ecosystem around them. They have so much power that they just sort of endure and stay super profitable. In time, though, our view is that we'll unwind; it's hard to be durable if you treat your key asset, which pretty much in every single business is your people. You have to be able to wear the volatility to get wonderful returns over long term. That's probably the key thing to think about as we think about these tough times.
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