Adnan Khashoggi became a billionaire by brokering war.
But do you know where amazing innovation comes from? People tinkering in garages.
From 2005 to 2017, the number of free agents — those who could pick up gigs — declined. Of those who remain, a growing percentage is over fifty-five.
In 1950, the average age of a company listed on the S&P was 60 years. Today it is less than 20 years.
Under new leadership, Uber deserves credit: it is getting stronger by doing less.
Benchmark invested $27 million in Uber. Its stake is now worth $8 billion.
The most damaging legacy of financialization is the slow death of multi-dimensional leadership, a topic we will explore, over time, in some depth.