@panashemahachi this is a really important question. there are two kinds of growth. rocketship growth --> monotonically negative growth thereafter OR steady compounding. transforming laggard industries will require an appreciation that the latter approach is the only path to success so being capital efficient and eliminating distractions from the rest …See more
@chamath@panashemahachi where does this focus come from? Is it the entrepreneurs trying to emulate their growth, or the investors demanding it? Perhaps both?