Business Building
sari and
Business Building
Birkenstock IPO’d today at a ~$8B valuation.
Its CEO Oliver Reichert did a massive turnaround in the past decade: sales 5x’d from $125m in 2012 to $1.3B in 2022.
The wildest part: he has zero background in footwear or fashion.
Prior to taking over the top job... See more
One result of this past tech cycle was a view that companies needed to build hyper complex ponzi schemes of ambition in order to accumulate capital and be valued. This led to a variety of shooting stars that never realized their main goal.
Another view was an insane amount of value ascribed to hyper-narrow features masquerading as companies, leading... See more
Another view was an insane amount of value ascribed to hyper-narrow features masquerading as companies, leading... See more
Michael Dempsey • On Scope Creep & ZIRP Lessons
expand the product, not the mission
"We do these things not because they are easy, but because we thought they were going to be easy" is a surprisingly profound quote. When I ask people who've pulled off remarkable things, it's interesting how many confirm that they wouldn't have started if they'd know how long and difficult the road would be.
Patrick Collisonx.comCulture Eats Strategy: Nucor’s Ken Iverson on Building a Different Kind of Company
Shane Parrishfs.blog
unoptimal and
Fight bullshit and bureaucracy every time you see it and get other people to fight it too. Do not let the org chart get in the way of people working productively together.
-Sam Altman
Product Zeitgeist Fit: A Cheat Code for Spotting and Building the Next Big Thing | Andreessen Horowitz
D'arcy Coolicana16z.com