The tech world focuses heavily on the “succeed fast or fail fast” model of tech growth. In part this is as VC firms generally have limited life funds and hence cannot handle slower models but is also as the tech press loves the hype/condemn cycle implicit in this. However generally most businesses do not follow this model. Whilst rapid success comes to a few, for more it takes rather longer and for many its a slow rocky path. After all hottie OpenAI (ClosedAI?) took quite some years to make a noticeable splash.

Ruzbeh founded City Falcon a decade ago and whilst, like us all, preferred rapid success, he has moved into the more marathon development model of the business. I was particularly enamoured of his very human/ethical perspective and clarity of the social costs of the “succeed or fail fast” model – namely that it comes at the price of burning your friends and family and employees just so that you can get onto your next gig as fast as possible.

With a huge desire worldwide to move on from all business being dominated by neoliberalism – you know, the “humans qua just another resource model” (with some virtue signalling perhaps as perfume to cover the heartlessness of seeing people as resources) – this is a good time to dive into the slower model. This slower model is definitely no picnic – the longer you hang out in business or in life the more tsunamis you will have to face.

Topics discussed include:

• Malta as a tech scene with incentives to attract talent

And much much more