If today was designed to be Apple’s crack at publicly rebranding itself as a services company, the result was decidedly uneven. The two less-heralded rollouts, Apple’s new credit card in partnership with Goldman Sachs and its subscription games service, looked promising. But the presentation of its two most-publicized releases—a subscription news app called Apple News+ and a revamped TV app with...
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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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