A sort of VC fund with an investment size of one, yourself.
To prevent the company from being too disloyal we have golden parachutes.
However, as someone who worked in one of those fields, it’s draining when over half of your leaders are trend hoppers. They get up on stage frequently and talk about how excited they are, and how it’s a long journey ahead. And then as soon as the industry takes a slight downturn they all leave in unison.
Some of the leaders are truly passionate about the field and they’re still around. It’s very clear who is who from the way they act towards the employees.
The experience taught me to avoid hype industries unless I’m willing to make money the number one goal in my life, which is harder than I thought, since life has plenty of things more enjoyable than money.
The real question is, why is the market so inefficient at sifting through bad employees, especially near the top of the ladder? The fact that this exec has been able to jump from one dumpster fire to another, often with a promotion, tells me that there’s something broken about the way senior execs are hired.
>Former Director of Product at Google AR/VR.
>Former Head of Mobile, Group PM at YouTube.
Ouch.
In a more perfect world, when this resume hits the hiring committee's desk, they read it and think "this leadership role is too important to fill with someone who's never managed a downturn."