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Y'know, back in the day, a condition for companies to get VC funding was for the Founder-CEO to step down (typically becoming the CTO or a similar position) so
by amyjess 10y ago
Y'know, back in the day, a condition for companies to get VC funding was for the Founder-CEO to step down (typically becoming the CTO or a similar position) so the VCs can install adult supervision.
We need to go back to those days.
- vinceguidry 10y agoInteresting idea, and it made me think of the converse. Would anyone really want to go back to a world before Uber? People tend to forget this. We're living in a world that has already been changed by Founder-Gods. Would we be throwing out the baby with the bathwater by restricting their ambition? I'm not saying we shouldn't solve the problem at hand. Just that maybe corporate governance isn't the root cause. At the end of the day, Uber's fighting an important war that we only watch through headlines, but is still pretty important. The founder is the keeper of that vision, the champion of that fight. There's no way Uber would be able to stay lean and mean and fight against local governmental intransigence if it had "adult supervision".