“It’s horrible how mismanaged most Silicon Valley companies are in capital.
Microsoft always wanted to have a lot of cash on hand. Apple had no cash 15 years ago in 2000. Who did the most innovation? The cash does not help. The cash insolates you in a bad way. It’s a bad thing that companies store cash.”
To achieve and sustain real change, firms need to create a culture in which all employees are encouraged, through financial and non-financial incentives, to experiment and push ideas to market.
It means understanding the product, understanding why our customers are using us and even more important why they are not using us or are not happy.
Every engineer is a product person, January 4, 2017 at 05:12PM
Stuff like this is why I admire TransferWise, as a company, so much. Continue reading Products, customers, and decisions