“In response to a question, Teller noted that neither he nor anyone else could promise that layoffs would never happen. But if layoffs were needed, the first to go would be people who had never failed. Context is critical to interpreting that statement. If you’re leading a moonshot factory, you simply cannot afford to have people on the team who are unwilling to take risks. People who take smart risks will, inevitably, sometimes fail. That’s what good performance looks like!”