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by xkqd 591 days ago
This one’s on Jack Welch - a pioneer in short term gain over long term building. You absolutely can juice a company’s performance by going dog-eat-dog, but inevitably when the smoke clears you’re left with jackals and hyenas stretched too thin.

Always worth mentioning that this culturally altered America in a way that we’ll probably never unwind.

3 comments

> Always worth mentioning that this culturally altered America in a way that we’ll probably never unwind.

I think this about a lot of things, such as certain events in politics or generative AI. I'm curious how you apply this to ruthless cutthroat policies at a handful of (admittedly quite large) tech companies?

Culturally unwinds corporate america.

Go to any family business that scales a niche and you find golf course dealmaking and nepotism humming along with good ole fashion quiet cartel work.

Combined with the massive popularity of private equity in so many business areas now we're unlikely to see 100-year companies again.