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    The New York Times Company | Erin Griffith | 4/1/20 | 8 min
    10 reads3 comments
    9.3
    The New York Times Company
    10 reads
    9.3
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    • aleph7 months ago
      1. Laying non essential people it’s an obvious measure but, why in hell did you have those people hired anyway? Because they had money from VC’s who as the article says did not care much it was well spent. This is again a sign that there is something deeply wrong with the risk/capitalization model that Silicon Valley loves and now is suffering.
      2. I’ve been reading “Pour your heart into it” by the previous CEO of Starbucks. He says that companies, especially those with fixed costs like Starbucks, can only grow at a fast pace like them did with investment, excellent execution and a bit of luck. Is there another way.
      3. Could this be a call for startups to grow in a slow but sustainable way? Companies like Doist and Basecamp insist in this type of growth.
      1. Update (4/5/2020):
        1. Laying non essential people it’s an obvious measure but, why in hell did you have those people hired anyway? Because they had money from VC’s who as the article says did not care much it was well spent. This is again a sign that there is something deeply wrong with the risk/capitalization model that Silicon Valley loves and now is suffering.
        2. I’ve been reading “Pour your heart into it” by the previous CEO of Starbucks. He says that companies, especially those with fixed costs like Starbucks, can only grow at a fast pace like them did with investment, excellent execution and a bit of luck. Is there another way? Getting funded is not bad per se, but maybe the pressure from investors makes you invest too much too quickly which is dangerous in itself but it becomes deathly when shit blows up like with the coronavirus.
        3. Could this be a call for startups to grow in a slow but sustainable way? Companies like Doist and Basecamp insist in this type of growth. I hope my Company (Arjé Coffee) and ReadUp follow the same path.
    • joanne7 months ago

      All the more reason we should all be rallying around Readup now. It's the tool we need for that shift in the world. For me, this is all abut practicing patience and tolerance and resiliency.

      • bill
        Top reader of all timeScoutScribe
        7 months ago

        Upvote! Thanks for posting!