Alexey Vorobey’s Post

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Co-Founder @ AIstats - livescore AI-powered football app

Half of LinkedIn has already weighed in on Paul Graham's recent essay Founder Mode, which criticized the approach of running large companies with "efficient managers." The discussion was sparked by Brian Chesky, who, during an event at YC, lamented that hired management nearly destroyed his company. Everyone in attendance nodded in agreement. Let’s set aside the fact that guys in Patagonia vests may not be the best sample for assessing the success of "Founder Mode." The success of some of these individuals is hard to replicate, not just in other countries, but even in the U.S. under high-interest-rate conditions. Survivorship bias in action. The key question here is: are motivation and accountability for the company’s mission the critical factors for a startup's success? In my opinion, they come second, right after the ability to continuously learn and adapt to changes in the company. For example, the founders of Instagram stepped aside at the right time (maybe unwillingly), allowing efficient managers to build the second-largest social network in the world and a huge cash cow for Meta. An efficient manager, Imran Khan, came to Snapchat from Alibaba, helping the company make a great IPO and improving a lot as a CSO. Bill Gates handed over management to one of his early employees, Steve Ballmer, who in turn passed it to Satya Nadella, allowing Microsoft to become one of the world’s largest companies. Steve Jobs long resisted the necessity of releasing the iPhone and was ultimately convinced by multiple managers, who saved the company, which at the time was relying on a single product line. My conclusion from the stories above: one must constantly learn and evolve to align with the product's tempo. If you fall short due to a lack of skills, motivation, or health, it's better to let more flexible and competent people handle these challenges. You can't blame failure in people management on an inherent flaw in the hired management system.

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