Brutkey

Mathaetaes
@mathaetaes@infosec.exchange

@briankrebs@infosec.exchange Tech startups and their rockstar tech employees aren't good at strategic thinking... they're good at generating hype and demos. It's an self-licking ice cream cone of hype, investment, demo, more hype, etc... that fuels inflated valuations, which reinforce the hype cycle.

If you want to foster long-term profitability, you need employees who aren't mercenaries ready to jump ship at the next job offer. This means you need a culture of investing in employees long-term... which goes directly against the near-term hype model. Near-term greed will always oppose long-term sustainability.

US industries started losing their ability to think strategically right around the time companies started replacing pensions with 401k contributions. They've incentivized running fast and staring at their feet, with nobody actually looking down the road at where they're running
to, and now that culture prevails in pretty much all of tech, but has seeped into many other industries as well.