The CEO of Block, Jack Dorsey, just announced a 4,000 employee reduction, around 40% of the company.
Everyone is shocked. Scared.
But hereโs what matters in the AI entrepreneurship world:
Execution is becoming cheap. That part is true.
But ๐
The CEO of Block, Jack Dorsey, just announced a 4,000 employee reduction, around 40% of the company.
Everyone is shocked. Scared.
But hereโs what matters in the AI entrepreneurship world:
Execution is becoming cheap. That part is true.
But ๐
Distribution is still expensive. Maybe even more expensive than before.
Trust is expensive.
Brand is expensive.
Access to markets and regulations is expensive.
So ๐