Doom Loop | Glossary


The “Doom Loop” is a phrase usually used to refer to the present boom-bust-bailout structure of the financial sector that leads to economic crises. Simon Johnson has been a significant proponent of shedding light on this cycle, that he believes begins with risky investments and dangerous financial practices that lead to increased growth and profit, but soon bust — bringing the financial sector to its knees after its inevitable collapse. After the bust comes the bailout, which, although may be necessary at the time, is more harmful in the long run because it doesn’t address the fundamental structural flaws of our financial system. This vicious cycle only continues to grow, and with no salient regulation will continue in perpetuity, bringing with it crisis after crisis.

Further Reading:

Book: Good to Great by Jim Collins.  


Blitzscaling | Book Series


Silicon Valley is renowned for its striking number of businesses which have grown from garage start-ups into global giants; Apple, Cisco, Google, HP and Intel to name a few. But what is the secret to their outstanding success? Hoffman and Yeh explain that it’s simple: they’ve learnt how to blitzscale.

Featuring case studies from numerous prominent tech businesses such as AirBnB and WeChat, this book offers a specific set of practices for catalysing and managing dizzying growth in bourgeoning start-ups. Prioritising speed over efficiency in an environment of uncertainty, Blitzscaling illustrates how businesses can accelerate to the stage in a company’s life cycle where the most value is generated. Using the framework provided by Hoffman and Yeh, readers will learn how to design business models which simultaneously support growth at a furious pace and capture the market, as well as how to navigate the necessary shifts in strategy needed at each level of scale.


Reid Hoffman, Chris Yeh

Published In:

9 October 2018