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Forgotten documentary about venture capital

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Re: Forgotten documentary about venture capital

#4
post #2

A memorable quote from this documentary (now on Netflix) “(Steve) Jobs is a national treasure. He’s so visionary, so bright. I had to fire him, though.” -Arthur Rock

That's called outcome based thinking and is a big no-no for people who make difficult decisions under incredible uncertainty. The decision to fire Steve Jobs at the time was a good decision - and his later success is as indicative of bad decisions as a teacher giving a detention to someone who goes on to succeed later in life. The student may or may not become a genius but at the time of the detention he was still acting like an incredibly distracting tool.
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