Why financial types have no brakes, psychologically

Aeoli Pera

Financial types and technical types tend not to get along. If you want the long version of that, read Henry Ford’s autobiography. Technical types want to make products that are good, financial types want to maximize short-term cash flow so they can play investing games with the money. The sooner you get money into the markets, the more time compound interest has to work its magic. In practice this means financial types are always trying to push the release day up so they can put the money in the markets and technical types are always trying to push the release day back so that the product isn’t an unholy abomination. Looking at it from the technical perspective, the business cannot continue to exist after consumers realize it’s selling cars without engines in them. Looking at it from the financial perspective, the business will of course continue to exist because it’s…

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