Julie Fredrickson

One of the silliest mistakes investors make is to confuse scale with success. This is particularly common in venture capital, where investors have grown used to measuring incremental success as a factor of scale (valuation, revenue, users, etc) rather than progress toward an end state. The single-minded pursuit of scale is a product of venture capital incentives, pushed by bad investors, and it results in far more failures than successes. Outlier success stories are usually linked to outlier individual(s), and scale creates organisational entropy which competes with them for control. This is why the "founder mode" renaissance followed the SaaS-bloat era, why so many rapidly-growing startups end up imploding, and why larger VC firms also see weaker performance. The counter-intuitive conclusion is that scale should often be restrained to ensure a company makes real progress, rather than optimising for vanity metrics.

People have finally quantified how bad a donor Mackenzie Scott has been since her divorce with Bezos If she had given effectively, to charities known to deliver larger returns, she could've been 50 to 100 or perhaps even 1,500-times more effective! She's an Ineffective Altruist

Imo the twitter tech press is way too kind to most tech companies that any amount of criticism to a company immediately receives complaints from techs "finest" Everything these days reads like every tech company is the greatest company in the world when know thats not true