Why Growth at All Costs?
NOVEMBER 25, 2015
But Daly is among those who believe the much-discussed “burn rate” of many companies is unsustainable. Companies have been willing to accept what they say are short-term losses with the stated goal of banking profits down the road. And should market conditions in fact turn sour, business executives are going to face a much different world. The outspoken Bill Gurley never has been one to sugarcoat what he thinks.