[Ipg-smz] It turns out moving fast and breaking things might not be the best business model.The Data Sheet | Newsletters

[Gabe Goldberg]

Adam Lashinsky  writes...

It turns out moving fast and breaking things might not be the best 
business model.

The obnoxious phrase is Facebook’s, and I’ll come back to the “social 
media” company in a moment. But the expression popped into my head when 
I read about the hundreds of job losses at former new-media darling 
BuzzFeed. The layoffs are in the name of profitability, which BuzzFeed 
hasn’t achieved despite half a billion dollars in investments.

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-- 
Gabriel Goldberg, Computers and Publishing, Inc.       gabe at gabegold.com
3401 Silver Maple Place, Falls Church, VA 22042           (703) 204-0433
LinkedIn: http://www.linkedin.com/in/gabegold            Twitter: GabeG0