Facebook and Google have become the size of nation-states. Maybe they should provide bailouts to businesses, too. That appears to be some of the thinking behind a travel industry group’s petition Wednesday for the tech behemoths to refund recent advertising spending to small travel businesses, whose revenue has dried up due to coronavirus recently. Specifically, the travel research firm Arival...
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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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