I experienced this first hand. I was at a founder’s second company, after the first one had a successful exit. The second company was in a similar space. There

I experienced this first hand. I was at a founder’s second company, after the first one had a successful exit. The second company was in a similar space. There were a lot of things that we got ridiculous pushback on, justified as “at company X-1 we only needed 2 salespeople. We don’t need more than that at company X”. There seemed to be a lot of things where it seemed like he thought he’d figured out “the formula” when it was really just a lucky break. I didn’t stay long. 10 years later, they did have an exit, but it was on a dramatically longer timeframe than the first company had, and I suspect a lot of that had to do with bad choices that had worked out at the previous company.