When you're dealing with exponential growth, the time to act is when it feels too early. - Paul Graham
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When you're dealing with exponential growth, the time to act is when it feels too early.
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About
Paul Graham
Paul Graham (born 1964) is an English computer scientist, essayist, entrepreneur, venture capitalist, and author. He is best known for his work on the programming language Lisp, his former startup Viaweb (later renamed Yahoo! Store), cofounding the influential startup accelerator and seed capital firm Y Combinator, his essays, and Hacker News.
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Portrait adapted from
Wikimedia Commons, Crédit photo: Sarah Harlin (Public domain / CC0)
If terriers had long enough legs to reach more things, the breed would not have survived.
Any organization with a large, protected income will tend by default toward administrative bloat. It's the same in government, at Harvard, at Google. Unless you take explicit measures to avoid it, you'll overhire.
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The size of a company, in revenues, is distinct from its profit margin. The latter determines whether it could pay its workers more. So "Surely a huge company like Megacorp could afford to pay its workers more" is fallacious reasoning.
