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learn remorselessness

Is business to do good and do well, follow rules, keep obligations, listen to your conscience, be loyal, have a sense of commonweal, think long term, be thoughtful?

Or is it a terrifying place, with a devastating pace, where people are reckless, ruthless, predatory, and thieving, are remorseless, think only of short term gains, have no regrets, are disruptive? Schumpeter’s gale.

It’s a choice. Don’t believe anyone who says otherwise.

From Jill Lepore, The New Yorker:

The upstarts who work at startups don’t often stay at any one place for very long. (Three out of four startups fail. More than nine out of ten never earn a return.) They work a year here, a few months there—zany hours everywhere. They wear jeans and sneakers and ride scooters and share offices and sprawl on couches like Great Danes. Their coffee machines look like dollhouse-size factories.
They are told that they should be reckless and ruthless. Their investors, if they’re like Josh Linkner, tell them that the world is a terrifying place, moving at a devastating pace. “Today I run a venture capital firm and back the next generation of innovators who are, as I was throughout my earlier career, dead-focused on eating your lunch,” Linkner writes. His job appears to be to convince a generation of people who want to do good and do well to learn, instead, remorselessness. Forget rules, obligations, your conscience, loyalty, a sense of the commonweal. If you start a business and it succeeds, Linkner advises, sell it and take the cash. Don’t look back. Never pause. Disrupt or be disrupted.

The Disruption Machine, Jill Lepore, The New Yorker

 

 

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