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by dylan604
1186 days ago
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you play in the mud, you're going to get dirty. if your entire marketing company focuses on social, then why that doesn't fall into "all eggs, one basket" concept is beyond me. Sure, it's much easier to get a company rolling when you have to do nothing but use the product of someone else as the core of your business, but why that's not an immediate red flag to someone in that position is something i just don't understand. |
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But yeah, there's a lot of real valuable businesses built on existential risks. We're currently getting a reminder that our banking system puts all its eggs in the idea not too many people will ask for money at the same time.
Optimizing for black swan events is just generally not good business.