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I think it is maybe best reframed as "good founders from the perspective of those who control capital". Whether these people ultimately improve society, or cre
by nwiswell 3y ago
I think it is maybe best reframed as "good founders from the perspective of those who control capital".
Whether these people ultimately improve society, or create a better sense of purpose for their employees, or provide visionary direction for the company at a higher rate than other founders is kind of orthogonal (or perhaps anticorrelated) to being good stewards of invested capital.
Founders can, to some extent, get help with (or succeed financially despite the lack of) the other things, but I think it can be reasonably argued that if they're not personally regarded as good stewards of capital, then the whole enterprise is in doubt.
- jacquesm 3y agoPrecisely. Good founders, bad founders, in the eyes of the beholder. I'm pretty sure I have a completely different opinion on what constitutes a good founder and what constitutes a bad one compared to Sam Altman, fortunately I don't have enough clout to make authoritative statements on the subject.