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Comment on When the "R" goes missing from R&D (2021)parent

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Regression to the mean.

All companies start small. Only the absolute best survive, so there is tremendous survivorship bias for the remaining companies to comprise of fabulous people.

Naturally, when the company starts growing, it is insanely hard to be able to keep on recruiting only such fabulous people. If nothing else, it would slow the growth, snd as such is usually not prioritized.

That’s when the regression to the mean starts. Then, you start needing more process and more bureaucracy so that the middling people have any chance of keeping up.

Unfortunately, there is no deus ex machina at the end of this path, like in TFA.

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