Apple shares fell about 2% in Tuesday trading, the day after the iPhone maker said it wouldn’t meet its quarterly revenue guidance due to the impact of the coronavirus. Most other tech stocks were unaffected, however, a sign that investors continue to be unworried about the broader impact of the virus. Shares of Tesla, for instance, which has a factory in China, was up 7% to $858, continuing its...
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Stop Paying People So Much
Every startup leadership team wrestles with the trade-offs between growth and profitability. This is fitting and ever shall be. What teams don’t reflect on sufficiently is how a flawed compensation philosophy can make those trade-offs far more painful than they could be. As a former entrepreneur, I know that every venture relies on the exceptional efforts of supermotivated professionals,...
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Meta Declares ‘Year of Efficiency’ as Revenue Stagnates
