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With โ€˜Founder Mode,โ€™ Silicon Valley makes micromanaging cool

LivemintLivemint ยท 1y ago
With โ€˜Founder Mode,โ€™ Silicon Valley makes micromanaging cool
Medial

Paul Graham, co-founder of Y Combinator, has coined the term "Founder Mode", referring to the unique abilities and relationship that entrepreneurs have with their companies. It challenges the conventional wisdom that outside managers are needed to scale a startup, arguing that founders can accomplish things that professional managers cannot. The concept has gained support from tech leaders like Elon Musk and Brian Chesky, who emphasize the deep passion, permission to make necessary changes, and understanding of the company's origin that founders possess. However, some argue that execution is ultimately what matters, and experienced managers may outperform founders in scaling a business.

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