Hacker News new | ask | show | jobs
by cen4 671 days ago
Finance is the missing skill that the Google founders didnt have. That was the flaw in the plan. They had to defer to others. Thats how one dimensional super optimizers leak into the system and change were the tracks are laid.

Throw in the fact, that after capital became easy to move around the world, financial engineering or taking advantage of cross border differences in interest rates, tax rates, forex, labour costs, real estate prices, subsidies etc etc and quickly buying up the competition anywhere on the planet, can make you more cash than anything a designer or an engineer or a scientist ever produces.

So it really boils down to developing finance skills and finance teams with value alignment or they will dominate business decision making sooner or later.