Bitzscaling. Reid Hoffman's snake oil (thought piece). https://www.blitzscaling.com/

It has poisoned more than one company (especially startups). Its the "go big or go home" mentality. The "the market is ours to take if we just put more fuel to this fire" mentality.

was in a startup once (Reid was an investor). The CEOs bought into blitzscaling, told the whole company we're going to "blitzscale". Hired 2 directors (with 0 reports). They had amibitions of hiring 100s of engineers. Then reality struck. There was no revenue and no path to revenue (because early days of AI). The blitzscaling was "paused". The directors had 1 EM report to them each. You can imagine what happened in the months after that.

Anything that happened more recently? At some point, the "overhiring" excuse no longer holds water. Headline from 2050: "Big tech lays off thousands more, due to overhiring 30 years ago..."

The CEO. No one else to blame, really.