> VC funded startups must get to market first or die. Fake-it-till-you-make-it is their religion.
Sure, that's valid. Though most of the world is not comprised of startups. That's mostly a USA thing with a few small exceptions out there as well.
> How come "ruthless market forces" don't rectify this wastefulness?
They do, though people mistake those forces for "incumbents with enough power to influence the market forces". So we're witnessing the reality which they dominate.
I had plenty of examples in my career where better code helped the company long-term but as we all know, there must be a leader somewhere who understands the tradeoffs and give a green light every now and then.
Sure, that's valid. Though most of the world is not comprised of startups. That's mostly a USA thing with a few small exceptions out there as well.
> How come "ruthless market forces" don't rectify this wastefulness?
They do, though people mistake those forces for "incumbents with enough power to influence the market forces". So we're witnessing the reality which they dominate.
I had plenty of examples in my career where better code helped the company long-term but as we all know, there must be a leader somewhere who understands the tradeoffs and give a green light every now and then.