Amazon, Apple and Facebook all spent record amounts on their Washington, D.C., lobbying efforts in 2019 as they tried to counter a host of antitrust investigations and mitigate anger over privacy violations, according to the Washington Post. Both Facebook and Amazon spent close to $17 million in 2019, representing a 32% hike for Facebook and a 17% increase for Amazon. Apple spent $7.35 million,...
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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
