I will say as companies grow the appetite for huge ambition shrinks. It’s natural for a few reasons.
- you’re established, no longer a startup, you prioritize the momentum in the current cash cow.
- your hiring pool changes. Instead of people who want to come build the “next big thing” you tend to attract folks who value the security of a big name. And they will tend to hire folks like them, and so on..
- you’re publicly traded. Holding an asset that reliably produces steady growth, creates very different incentives than trying to hit some kind of hockey stick unicorn growth
- you’re established, no longer a startup, you prioritize the momentum in the current cash cow.
- your hiring pool changes. Instead of people who want to come build the “next big thing” you tend to attract folks who value the security of a big name. And they will tend to hire folks like them, and so on..
- you’re publicly traded. Holding an asset that reliably produces steady growth, creates very different incentives than trying to hit some kind of hockey stick unicorn growth