One prominent critique of public markets is that they incentivize short-run thinking at the expense of long-run thinking. Since public company executives feel bound by quarterly expectations, they pursue incremental bets with immediate payoffs: minor product enhancements, cost-cutting strategies, “something-something-generative-AI,” etc. Anything risky, bold, or transformative gets shelved — or worse, is assigned to a “tiger team” whose proudest moment will be presenting their ideas at a company All Hands before being quietly disbanded.
We are all public company CEOs
We are all public company CEOs
We are all public company CEOs
One prominent critique of public markets is that they incentivize short-run thinking at the expense of long-run thinking. Since public company executives feel bound by quarterly expectations, they pursue incremental bets with immediate payoffs: minor product enhancements, cost-cutting strategies, “something-something-generative-AI,” etc. Anything risky, bold, or transformative gets shelved — or worse, is assigned to a “tiger team” whose proudest moment will be presenting their ideas at a company All Hands before being quietly disbanded.