<!-- bryant-content-generator:start --> # A large valuation is not a substitute for a... > A large valuation is not a substitute for a functioning institution. Products, customers, records, compliance, cash flow, governance, and execution determine whether the imagined scale has a structure capable of carrying it. **Source:** [[livestreams/Leadership, Trust, and the Architecture of Partnership - Workbook|Leadership, Trust, and the Architecture of Partnership]] ## Share on Social Media ``` “A large valuation is not a substitute for a functioning institution. Products, customers, records, compliance, cash flow, governance, and execution determine whether the imagined scale has a structure capable of carrying it.” — Bryant McGill https://bryantmcgill.com/quotes/quotes-large-valuation-substitute-structure-capable-carrying ``` <!-- bryant-content-generator:end -->