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Marc Andreesen recently has been talking a lot about the professional managerial class (PMC) and how it's causing the principle actor problem. Everyone is playi
by ajmurmann 4y ago
Marc Andreesen recently has been talking a lot about the professional managerial class (PMC) and how it's causing the principle actor problem. Everyone is playing it safe and not risking their high pay checks for the off chance of rocking the boat and landing a moon shot. Nobody really makes any hard and decisive moves because there is much to lose and not that much more to win. This was different when we had companies owned by individuals or families.
- theGnuMe 4y agoMark @Meta seems to be making bold moves.
- hn_throwaway_99 4y agoDoesn't that pretty much prove the point of the comment you are replying to? > Everyone is playing it safe and not risking their high pay checks for the off chance of rocking the boat and landing a moon shot. Mark has majority of the voting shares of Meta. He could run it into the ground and still could stay in control.
- invig 4y agoYes, but the takeaway isn't that they should start making bold moves, it's that we actually want them to churn out and be surpassed over time. It's the entrenching of them through regulatory capture or predatory behaviour that's bad.
- nradov 4y agoThere are still a lot of companies owned by individuals or families. You just don't hear about them because they seldom take the big risks necessary to produce disruptive innovations.
- miohtama 4y agoThis was one of the reasons why Nokia died. When the organization grew, everything was taken over by middle management whose safest option in any scenario was “Please do not change anything.”