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This is 100% true in my experience. Founders are good at founding, which is generally a very shortsighted and aggressive activity. At some point, the business
by berniedurfee 2y ago
This is 100% true in my experience.
Founders are good at founding, which is generally a very shortsighted and aggressive activity.
At some point, the business needs stability. Founders that stick around too long often cannot make that transition and end up making long term success untenable.
I’ve heard it called “Founder’s Syndrome” when a founder can’t bring themselves to step away and hand their creation off to a better caretaker.
- Joey2121 2y agoA company like Tesla needs stability if they want me to buy an expensive product like a car - whether it be $25K or $50K. Right now I'm shopping used EVs. Won't pick a Tesla b/c I keep my cars for 15+ years and I can't be sure that a Tesla will be affordable to own during that ownership. They may not even exist in 15 years. I'm pretty sure most of the other mainstream brands will be.
- berniedurfee 2y agoSame. In fact my biggest worry is that the software will be abandoned and as cars age, edge case bugs will appear, but there’ll be no way to fix them. There’s going to need to be a robust aftermarket for vehicle software. Though, I don’t know if I’d trust some random EBay dongle or even Dorman to patch my drive-by-wire steering that’s been pulling to the left a bit in a 15 year old Tesla.