they'll be fine once they consign themselves to the market they have and cut costs
-
-
-
Replying to @bobpoekert
I wondered about that. Seems like this could be run on autopilot at very low cost. They mostly just serve text data maybe?
2 replies 0 retweets 0 likes -
Replying to @eigenrobot @bobpoekert
kind of amazed they could *spend* $400M in a quarter much less lose it but I haven't spent any time in frothy vc spaces so idk
1 reply 0 retweets 0 likes -
-
Replying to @bobpoekert
Poekert's law: payroll will expand independent of requirements unless some external force acts to constrain it
1 reply 0 retweets 1 like -
Replying to @bobpoekert
well-funded tech companies tend to hire as many people as they can and then come up with an excuse why they're needed
1 reply 0 retweets 1 like -
Replying to @bobpoekert
VCs encourage this because it makes companies more dependent on them
1 reply 0 retweets 1 like -
Replying to @bobpoekert
oh that is **excellent** from a contract theory perspective are there any articles or papers on this?
1 reply 0 retweets 0 likes -
totally. it's a great idea, stashing in my paper ideas file. any novel mechanism to solve to info or commitment problems = 
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.