Jassy said the quiet part out loud and admitted what I've always suspected, that most CEOs don't have original thoughts, instead governing by groupthink: > Other company CEOs helped Jassy make up his mind too. Jassy spoke to "60 to 80 CEOs of other companies over the last 18 months," and "virtually all of them" preferred in-office work, he said. I bet that none of those individual CEOs could empirically prove that re…
I think you are spot on. In the last 3 years we had insane hiring sprees, layoffs, full remote proclamations, RTO proclamations, all perfectly synced between companies. This synchronized zigzag makes me think that 1) C-suite pay is indeed too high, and 2) we may have concentrated risk. On the latter, when SVB busted, it was clear that a small cohort of VCs in chat rooms dominated the decisions of tons of startups, th…
If the waging fixing scandal was not enough of the giveaway about their collusion. Post Covid, they laid-off people purposefully to get back control in their hands https://observer.com/2014/04/wage-fixing-scandal-google-appl...