how can "professional manager" burn so much money without any profits, knowing that spending this money will not affect the business (positively) -- is really building your own offices because you seen five premises and dont like the view from windows will sell more toys online??
It was a heady time. Success was so inevitable that you could just function on the assumption that you were going to succeed, so you better be ready for it. It was just about to start raining money, the winners would be the ones with the largest buckets, and you better invest in that bucket! Unfortunately what actually rained down turned out to be fire from the heavens, but, well, you know how the story went after that.
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how can "professional manager" burn so much money without any profits, knowing that spending this money will not affect the business (positively) -- is really building your own offices because you seen five premises and dont like the view from windows will sell more toys online??
It was a heady time. Success was so inevitable that you could just function on the assumption that you were going to succeed, so you better be ready for it. It was just about to start raining money, the winners would be the ones with the largest buckets, and you better invest in that bucket! Unfortunately what actually rained down turned out to be fire from the heavens, but, well, you know how the story went after that.
Professional Manager does not necessarily mean Competent Manager.