Haha ! Good one @paulg !! Deep !
Bad hires compound. (So do good hires of course, just with the opposite sign.)
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Hence the value of the graduate of elite college filter.
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Historically, yes. This may be about the change.
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Calculus
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Most bad hires are a result of either bad hiring or poor training or both. Just like the case of athletes, a transfer fee (in addition to wages) can help elevate the quality and discipline of hiring processes.
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Of course. You can make a lot of mistakes if the product is sufficiently good.
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What if it was “bad mentorship compounds”? Maybe mentorship has a bigger impact on success than whatever features the new hire came in with?
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A talent hires and wants to work with other As, but B talent hires Cs (denonstrates superiority). The challenge in running a startup is that it is difficult to tell As from Bs. I’d rather have a lambda school grad for most startups over an elite uni.
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