> What firms are going to do now is probe deeper and disinvest in crappy projects that most likely generated negative returns

We've been doing this since 2022. Most layoffs overlap with Sales, Engineering, and Ops associated with cost centers.

Like, there was no reason Uber had 3 internally competing and built chat apps with dozens of engineers allocated as headcount.

> much of the cash flows are coming from investments made yonks ago

Not necessarily, but you can't train an old dog to do new tricks.

"> much of the cash flows are coming from investments made yonks ago"

Yes they are.

The marginal ROIC for tech firms that are in mature growth is shit. Made shitter by continuing to field many people for no good reason.

What is the timeframe you are using? To me "yonks ago" means 15-20 years ago.

And marginal ROIC is just one metric amongst multiple to benchmark against.

Also, if you had the Benoit [0] you should use your normal HN account instead of a throwaway created for this topic.

Hahahaaha

Touched a nerve did I? Not used to being outclassed eh? Youre an amateur.

Imagine thinking 'yonks ago' is 15-20 years in the technology game. Stop editing your posts bro.

	▲	alephnerd an hour ago \| parent [-]
		> Touched a nerve did I In a way, but mostly because discourse on this platform has gone to shit because no one is restricting throwaways and no one is calling this out. > Imagine thinking 'yonks ago' is 15-20 years in the technology game. Stop editing your posts bro Give a number and the timeframe. I'm open to chatting collaboratively with you because we might be modeling differently with different priors. But I don't like unsubstantiated hot takes being used to launder throwaway accounts - the noise to signal ratio is shit enough on HN in 2026.