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Tag: Barry Diller

The VC Has No Clothes

The VC Has No Clothes

Barry Diller had some rather sharp words for CEOs this week in regards to the recent spate of layoffs: “The idea of a company that’s earning money, not losing money, that’s not, let’s say ‘industrially endangered,’ to have just cutbacks so they can earn another $12 million or $20 million or $40 million in a year where no one’s counting is really a horrible act when you think about it on every level. First of all, it’s certainly not necessary….

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