‘Move fast and break things’, ‘Test and learn’, ‘Dynamic optimization’, ‘Fail fast’, we’ve all embraced the thinking of the modern age and this always-on and agile approach. Clearly moving fast is good, clearly bureaucracy is bad, but sometimes I’m not sure we think. Often corporate strategy for large firms seems to be missing. There isn’t a bold v

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There are some phenomenal products in some of the companies that were overfunded and are haunted by past decisions. The valuations at which these companies raised capital set them on the wrong path - a path that fails to attract and reward critical talent, a path that incentivizes excess expenditure for growth at the expense of structuring a busine... See more