Sorry, couldn’t help myself. Good metrics are hard, but token leaderboards are obviously terrible metrics that will lead to bad business outcomes unless propped up by investor hype. Of course investor hype is a real factor, and it’s often driven by guesses about what other investors will do rather than real business outcomes.
Any company that only recently figured this out deserves to go bankrupt.
It’s like giving people company cars and rewarding them for using the most gas. Only that driving somewhere is at least sometimes required.
You’re absolutely right!
Sorry, couldn’t help myself. Good metrics are hard, but token leaderboards are obviously terrible metrics that will lead to bad business outcomes unless propped up by investor hype. Of course investor hype is a real factor, and it’s often driven by guesses about what other investors will do rather than real business outcomes.