Some people, perhaps most people, don't mind being told what to do. But I have never met a successful startup CEO I'd say that of.
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This has all sorts of implications. For example, it means that success as an employee of a large organization is no predictor (in fact is probably a negative predictor) of success as a founder.
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Intriguingly, it also imposes a limit on the degree to which the economy can be consolidated. Some people don't want to work for someone else. (This was temporarily suppressed by oligopoly in the mid 20th Century: http://paulgraham.com/re.html .)
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The independent-mindedness of startup founders even puts them at odds with their own employees, many of whom don't mind being told what to do (and thus also don't mind the government telling everyone what to do).
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Do you think that consolidation in tech may bump against this? Barriers to entry have changed in physical versus digital economy but still exist and companies work to actively maintain and build this.
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I haven't seen it happening yet.
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This was the first thought that came to mind when hearing
@rabois talk about monopolizing talent. Some talent doesn’t want to be consolidated. (Then again, you could either exclude them or they could be more apt to join during recessionary times a la PayPal)Thanks. Twitter will use this to make your timeline better. UndoUndo
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Do you think future incubators will do brain MRI, psych, genetic testing and founder chemistry analysis for founder selection pre traction?
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Ie a gattaca plus model mixed with a little Cambridge analytica
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