Gervais principle, like it or not,… has been pretty accurate IMO
lots of posts, even one this month https://news.ycombinator.com/item?id=41214180
341–350 of 772 posts
Gervais principle, like it or not,… has been pretty accurate IMO
lots of posts, even one this month https://news.ycombinator.com/item?id=41214180
I struggle to see "founder mode" as something that scales. Is there not some self-selection bias occurring here, given the audience "included a lot of the most successful founders we've funded"? If a founder is exceptional and all of the other stars necessary for a startup to succeed have aligned, this may be a good approach. But then we are just back to the question YC has always tried to answer: what makes a founde…
there's different ways to success and it depends on a lot of factors you can't anticipate or control. ex-post rationalizing it and generalizing it into self-help / business book snippets of wisdom is laughable.
this reminds me of the time where every middle manager suddenly thought being a steve jobs brand of asshole is the path to business success
- Management
- Leadership
- Coaching
It seems that Graham wasn't aware of this and believes him and his buddies are the first to identify the latter roles, albeit as "Founder".
It wouldn't surprise me that the sophistication of management theory in SV startup scene is so low. It seems that most startup-scale innovation in SV comes from talented ICs rather than well-managed projects. Isn't that the theory behind "startups" in the first place?
The big tech players definitely have some genuinely excellent managers. It just hasn't trickled down to the YC level apparently.
This whole article is written around one key sentence: > There are things founders can do that managers can't, and not doing them feels wrong to founders, because it is. But there are absolutely no examples given of what these things actually are. Paul kinda vibes around that vague statement for 5 more paragraphs, giving absolutely nothing concrete. And to be honest this hn comment section scares me, as it feels like…
Based on pg's other work, I would guess that previous drafts of this essay had concrete examples, but they were removed after deciding that including them would make the discussion all about those specifics. But in general I think it's clear: founder mode here means having strong opinions about all parts of the company. Maybe it's a technical founder telling salespeople what they should emphasise in their sales pitch…
Whatever the "it" is that constitutes a startup's purpose often can't be fully articulated in mission statements, OKRs, core values, etc. Either it's simply ineffable, or it's a metamorphosizing snapshot of the leading edge of a rapid process of discovery. Expecting such an already-abstruse concept to faithfully percolate down a rigid reporting chain is ridiculous, like sending old-English scrolls via carrier pigeon to narrate a live sporting event.
But communication of the "it" still has to happen, if imperfectly. So someone in founder mode would naturally focus on delivering the most faithful and timely version of "it" to the points in the organization where it'll have the most impact and be least susceptible to corruption in transit. Today that might be to a UX engineer. Tomorrow it might be to the board. It's a kind of plate-spinning that aims to reduce skew from the latest version.
Earlier quoted context omitted.
I have no idea what you're talking about. Cracked is just slang for insanely talented, ergo...
I've only heard the term in reference to https://posthog.com/founders/cracked-manifesto
Good to know he's still held in high esteem by these people.
Earlier quoted context omitted.
Good points in pg's essay: * CEO/founder should engage directly at multiple levels rather than only interact with the company through their direct reports. (Same applies at every management level, btw) * Delegation is good, and it should happen in proportion with trust. * The dominant culture at many tech companies is flawed and sub-optimal. Bad points: * "Founders feel like they're being gaslit from both sides". The…
There are many very good reasons why the top 100 most valuable people would not be the department heads. Cracked engineers, designers, growth people, AEs... the best ICs shouldn't necessarily be in management positions. Yet, the CEO should neither be air-gapped from those people nor managing their work/career on a day to day basis.
You have people who are most important to a:
- a project. - a problem. - the organization.
And I think we can divide organization into internal and external. When you divide like that, you’ll usually end up with four very different lists with some overlap at an upper management level.
None of the four areas are more important than others. If your software problem has a month long outage, that’s a huge problem. But that’s different from if you only have two months of runway left or if nobody has cleaned your office in a month. And since the problems are different, the people involved should be different too. Then you’ll end up with a lot of different hierarchies of most important people depending on what lens you’re looking through.
Less than one quarter of companies that go public do so with their original CEO.
Most people would say that indicates Founder Mode doesn’t generally work as companies scale.
It looks like Graham feels that it’s because too many founders listen to common wisdom and eventually get pushed out / leave?
I honestly don’t buy it. In order to scale, companies have to learn how to operationalize more and more processes. This fundamentally looks like “hiring people and giving them the space and authority to operate.”
I feel like his entire post could have been reframed as “just as VCs know there are relatively few excellent founders and identifying them is hard, there are similarly few excellent executives and identifying them is also hard.”