A major shock at the wrong time can lead to their demise. Younger companies, which are buffered against this by an initial capital endowment, become particularly vulnerable once this initial infusion is expended if they are unable to turn a significant profit. #GeoffreyWest

Comments

Popular posts from this blog

We should also be concerned with the rewarding and valorizing of women who conform to gendered norms and expectations, enforce the good behavior of others, and engage in certain common forms of patriarchal virtue-signaling--by, for ex., participating in slut-shaming #KateManne

Knowing the arrival fallacy, we'll be subject to illusion, but at least aware of the fact. When we watch others striving, we may experience slightly less envy. It may look as if certain others have reached 'there', but we know they are still longing and worrying #TheSchoolOfLife