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 (!)
Discover posts:
It’s been 6 years since the famous photo of Mark Zuckerberg entering the conference room full of people wearing Oculus at Mobile World Congress and the VR market is still blocked in the “Innovators” category. Like always, crossing the chasm is the real challenge. Looking at the gaming market (...)
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Maybe Warren Buffet really knows how to tackle turmoils. Below is an analysis YTD for the share price of Berkshire Hathaway (BH) vs. Amazon, META & Netflix. Here is how the BH portfolio looks like: Tech (43%), Finance (25%), Consumer staples (13%), Energy (11%), Consumer Discretionary (6%), others. Sources: (...)
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