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 (!)
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During my opening speech for FABIZ freshers I detailed a bit on this topic: Applied Artificial Intelligence. Here are some examples: – look at these data and tell me if you see an unusual transaction – is the customer mentioning the competitor‘s name? – tell me how likely is the (...)
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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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