Tale of The Tape…’Punch a Banker, Hug a Developer’

$Z (zillow is going public) – hug a developer

$LNKD was priced wrong at the IPO – punch a banker than hug a few developers

$BAC lost $8.8 billion – punch any banker…twice

I have had this ‘Punch a Banker, Hug a Developer’ slide in my deck for a year or so. It’s always good for a laugh, but it’s more than a headline. Our schools are filled with Lawyers and future bankers and the financial sector still takes up 30 plus percent of the S&P.

Certain developers are now being treated as rockstars so while it looks like a time to punch a few of theses developers, you will be wasting your time as the market is rewarding developers, not bankers. You would be wise to do the same.

2 comments

  1. M. Edward Borasky says:

    Seriously, Howard – “rockstar” or “ninja” developers can kill a company almost as fast as an incompetent marketing department.

    • yes obviously, but you need developers in the peipleline always and you
      never need a nbanker…for that you just walk outside and yell BANKER
      please.

Comments are closed.