onStrategy

All tech companies are overstaffed

November 16, 2022
< 1 minute

By Sorin Anagnoste

Strategy | Business Models | Tech

After several discussions with people from “the valley” (ie. mainly friends) I realised that all tech companies are overstaffed, being afraid of:

1. competition – by opening start-ups

2. competition – getting hired by somebody else

This reminded me of Snap who’s main ad client for some years was…TikTok.

Now TikTok is several times bigger than Snap in all metrics, in all markets (!)

 


Mark Zuckerberg's message to Meta employees

Source: Meta

 

Discover posts:

The 5 stages of social media

The 5 stages of Social Media

I gave today a presentation to a group of students from Sapienza University, who visited our university for the Foresight project. Given the strategy context of Italian companies, the mention of Social Media was inevitable, so I had to rely on the ideas of Sam Lessin, a former Facebook executive, (...)

Read more