Expenses Quote by Dan Schulman
“We had grown too fast at PayPal. Our operating expenses had grown too fast... Growth covers a lot of sin. We want to grow without sin.”
About This Quote
Source Speech: PayPal Annual Shareholder Meeting, 2018
He notes rapid growth led to rising costs, urging growth that avoids unethical practices.
In simple terms: Growth should be ethical, not costly.
Pursue responsible scaling.
Themes
Mood
Type
When to use this quote
- budget planning
- ethical audits
- strategic expansion
Key Concepts
Questions to Reflect On
- How can companies measure ethical growth?
- What safeguards prevent costly excess?
Profit motives may conflict with ethics.