Local Maximum
topic on 1 show · 2 statements across 2 episodes
2 statements about Local Maximum, every show
Hamid: Sell startups at the local maximum of market-perceived value
“Local maxima that I think about sometimes with companies where this is sort of the local maximum in terms of perceived value by the market for a company, and that's a great time to sell, and so now you have to figure out when is the local maximum for a company…”
Schroepfer: High-functioning startups often get trapped in local maximums
“I think the biggest thing by far that orgs do is like high functioning orgs is they're like doing the right thing. They're just like operating in a local maximum using inertia to go in a direction. And you've got to either provide them with context or sort of …”