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it used to be that growing a company meant actually earning more — either by expanding revenue or improving margins. carnegie vertical integration, etc. the market rewarded operational dominance. today, the incentives seem to have flipped: it’s often better to spin off or offload asset-heavy, cash-generating operations and chase higher valuation multiples instead. offshoring, etc. return on capital matters more. customer vs investor driven growth.
investing @a16z // curating https://t.co/ssslqn6eo7
At least 25 killed in Haiti after river bursts its banks, local official says, as Hurricane Melissa sweeps across the Caribbean. Follow live updates.
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AI is one of the most Trump things ever. Yeah.
We're in a race. It's not USA vs China but humans and AGIs vs ape power centralization. @deepseek_ai stan #1, 2023–Deep Time «C’est la guerre.» ®1
At least 25 killed in Haiti after river bursts its banks, local official says, as Hurricane Melissa sweeps across the Caribbean. Follow live updates.
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At least 25 killed in Haiti after river bursts its banks, local official says, as Hurricane Melissa sweeps across the Caribbean. Follow live updates.
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Mercedes beats auto margin estimates thanks to premium sales
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