I see this so many places - nobody asks “how big does this company need to be”? This is the problem with public companies - they are caught in an endless growth trap. Private businesses at least get to a point where a) growth has to happen sustainably because often there isn’t endless money available to invest and b) once you’ve got one private jet, as owners, do you really need another?
Reddit was no different. Maybe it would have been better for us all if it was a much smaller team and just careful tendered like a garden that had filled its plot.
You hit the nail on the head.
I see this so many places - nobody asks “how big does this company need to be”? This is the problem with public companies - they are caught in an endless growth trap. Private businesses at least get to a point where a) growth has to happen sustainably because often there isn’t endless money available to invest and b) once you’ve got one private jet, as owners, do you really need another?
Reddit was no different. Maybe it would have been better for us all if it was a much smaller team and just careful tendered like a garden that had filled its plot.
But isn’t Reddit still private?
Well yeah, but we both know they are behaving like a company heading for an attempted IPO.