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I think it could have a name, but not necessarily a Wikipedia article. And Founder's Syndrome is a bad name imho. That rather sounds like something you'd say w
by luckylion 6y ago
I think it could have a name, but not necessarily a Wikipedia article.
And Founder's Syndrome is a bad name imho. That rather sounds like something you'd say when somebody keeps starting businesses because they can't stop being a founder and feel like they need to tackle each and every problem they encounter.
What's described in the Wikipedia article is imho not specific to founders, it's about cult-like leadership and disproportionate power due to weird voting rights setups and different share types.
- rsynnott 6y agoIt's not _specific_ to founders, but just about all cases of it are founders (as I mention elsewhere in the thread, I think Ballmer was probably an example, but he's a bit of a special case).
- luckylion 6y agoJust the other day, VW's Winterkorn was accused of most of those things as well (well, maybe not of being super charismatic, but I don't think Ballmer would be considered that either, nobody would've followed him into the woods for a suicide pact). My impression is that we'll notice it more in startups because they don't have the large and reliable power structure in place where these things don't become public, and their very nature of high-risk companies that are looking to go public puts them both more at risk for failing spectacularly and in the spot light.