Honesty and discipline tend to rise and fall with the ease of financial conditions. The last decade has been counter-productive and wasteful in so many ways. Thank goodness we are back in a sobering-up phase.
For some lucid insight read Delivery Apps ignored business basics to super-charge growth–and now they’re facing layoffs, stock crashes and a brutal war for survival:
For years economic growth and low interest rates allowed gig economy companies to balloon into household names, stock market behemoths, and major employers without ever becoming viable businesses. Now that the economy, market, and regulatory tides have turned against them, gig economy companies are being forced to wage — and likely lose — existential war in defense of their clearly unsustainable business models.
;
