I don't comment on things I haven't read or watched, but it's clear not all of us do that.

Parents are not required to do any of that.

Texas has problems, but this isn't journalism.

Ghost kitchens are still a great idea, just not one that will support nonsensical WeWork hype and money.

Comments URL: https://news.ycombinator.com/item?id=38437751

Points: 7

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Then they bill for their time and 'expertise'.

It wasn't worth $44B when he bought it, so I'm not sure why the NY Times would even use that number in any way. If I pay someone $100,000 for a stick they found on the side of the road, it doesn't make that stick worth $100k.

I doubt Twitter was worth $19B even before Musk overpaid for it. It was a 15 year old company that couldn't make money.

The key is that they wouldn't know either. It could be a slow 'death by a thousand cuts' and they wouldn't even know they were bleeding.

This is why companies, even massive companies, generally die eventually. There are very few that last even 50 years without eventually being acquired or bankrupt. And how does it start? Little mistakes, lack of focus, everywhere.

He told me repeatedly that companies that lay off the moment a bad quarter appears - or if they lay off employees if they even think the market will slow down - are always terribly run companies.

He said it was a clear indicator of poor internal planning and forecasting, that any company who suddenly needed to shed 5,000 or 10,000 employees on one bad quarter was was one to avoid.