The More Experience You Have, the Worse You Are at Bootstrapping
Harvard Business Review
JULY 22, 2015
(Think of it this way: Cash, which can be spent in whichever way you choose, is highly fungible; people, whose specialized skills limit your options for deploying them, are less fungible.) For their data, the researchers turned to the movie business, where all three types of resources are at work on every project.
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