{"id":12703,"date":"2024-09-20T13:35:47","date_gmt":"2024-09-20T13:35:47","guid":{"rendered":"https:\/\/topat10.com\/?p=12703"},"modified":"2024-09-20T13:35:47","modified_gmt":"2024-09-20T13:35:47","slug":"want-to-get-into-founder-mode-you-should-be-so-lucky","status":"publish","type":"post","link":"https:\/\/topat10.com\/?p=12703","title":{"rendered":"Want to Get Into Founder Mode? You Should Be So Lucky"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p class=\"paywall\">It\u2019s also true that when one of those groundbreaking companies matures and faces challenges, a founder has a unique ability to make bold moves and stick to the original vision when others urge a less risky course. There are certainly cases where companies struggled when founders were replaced by managers. Remember Yahoo? And of course there\u2019s Apple, where the founder returned and restored the company to its former glory and beyond.<\/p>\n<p class=\"paywall\">But there are abundant counterexamples as well. Apple isn\u2019t exactly struggling under Tim Cook. And consider <a href=\"https:\/\/www.wired.com\/tag\/microsoft\/\">Microsoft<\/a>. Its CEO since 2014, Satya Nadella, had been a company lifer, slogging away in various divisions since 1992. Not a founder, nope. But he\u2019s taken the company to new heights. Though Bill Gates is still revered at Microsoft, no one in the company wants him back at the top.<\/p>\n<p class=\"paywall\">And god knows, there are plenty of cases where it wasn\u2019t management fakers but stubborn founders who drove a company into the ground. My guess is that Travis Kalanick might have benefited from listening to stodgy managers. His replacement, a management type of dude, has <a href=\"https:\/\/www.wired.com\/story\/uber-ceo-will-always-say-his-company-sucks\/\">made Uber profitable<\/a>.<\/p>\n<p class=\"paywall\">The fact is, not everyone is Brian Chesky, and no one is like Steve Jobs. The vast majority of companies never take off, and instead fade into ignominy. Very few founders get to the point where investors demand that they retain adult supervision to manage growth, because only the rarest of companies get to that point.<\/p>\n<p class=\"paywall\">It\u2019s fun to talk about founder mode, maybe for the same reason that some of us read Ben Horowitz\u2019s founder-porn texts with our noses pressed to the window. Founder mode, which Graham predicts will one day get its closeup in management texts, really applies only to the most exceptional founders, the ones Steve Jobs once described as \u201cthe crazy ones.\u201d Their companies aren\u2019t called unicorns for nothing.<\/p>\n<figure class=\"AssetEmbedWrapper-eVDQiB byBkf asset-embed\">\n<div class=\"AssetEmbedAssetContainer-eJxoAx dBHGoQ asset-embed__asset-container\"><span class=\"SpanWrapper-umhxW kGxnNB responsive-asset AssetEmbedResponsiveAsset-cXBNxi eCxVQK asset-embed__responsive-asset\"><picture class=\"ResponsiveImagePicture-cWuUZO dUOtEa AssetEmbedResponsiveAsset-cXBNxi eCxVQK asset-embed__responsive-asset responsive-image\"><noscript><img decoding=\"async\" alt=\"Image may contain Label Text Symbol and Sign\" class=\"ResponsiveImageContainer-eybHBd fptoWY responsive-image__image lazyload\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" data-src=\"https:\/\/media.wired.com\/photos\/5de5558cb4ac1c00080cd4fb\/master\/w_1600%2Cc_limit\/Divider_Look%2520Back.jpg\" data-sizes=\"auto\" data-srcset=\"https:\/\/media.wired.com\/photos\/5de5558cb4ac1c00080cd4fb\/master\/w_120,c_limit\/Divider_Look%20Back.jpg 120w, https:\/\/media.wired.com\/photos\/5de5558cb4ac1c00080cd4fb\/master\/w_240,c_limit\/Divider_Look%20Back.jpg 240w, https:\/\/media.wired.com\/photos\/5de5558cb4ac1c00080cd4fb\/master\/w_320,c_limit\/Divider_Look%20Back.jpg 320w, https:\/\/media.wired.com\/photos\/5de5558cb4ac1c00080cd4fb\/master\/w_640,c_limit\/Divider_Look%20Back.jpg 640w, https:\/\/media.wired.com\/photos\/5de5558cb4ac1c00080cd4fb\/master\/w_960,c_limit\/Divider_Look%20Back.jpg 960w, https:\/\/media.wired.com\/photos\/5de5558cb4ac1c00080cd4fb\/master\/w_1280,c_limit\/Divider_Look%20Back.jpg 1280w, https:\/\/media.wired.com\/photos\/5de5558cb4ac1c00080cd4fb\/master\/w_1600,c_limit\/Divider_Look%20Back.jpg 1600w\" sizes=\"100vw\"\/><\/noscript><\/picture><\/span><\/div>\n<\/figure>\n<p><h2 class=\"paywall\">Time Travel<\/h2>\n<\/p>\n<p class=\"paywall\">In 2007, I embedded in a Y Combinator batch of 12 companies. (Starting next year there will be four batches a year, with hundreds of startups.) It was clear even then that Graham, who was extremely hands-on, had developed his views on the primacy of founders. My story ran in Newsweek under the headline \u201cBoot Camp for Billionaires.\u201d<\/p>\n<p class=\"paywall\"><em>Every Tuesday during the program, Y Combinator hosts a dinner of chili or stew for the start-ups. At this first one, Graham and [cofounder Jessica] Livingston distribute gray T shirts emblazoned with one of Graham&#8217;s pithiest admonitions, MAKE SOMETHING PEOPLE WANT. A second, black shirt is bestowed only to start-ups that achieve a &#8220;liquidity event&#8221;\u2014a purchase by a larger company or an IPO. It reads, I MADE SOMETHING PEOPLE WANT.<\/em><\/p>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>It\u2019s also true that when one of those groundbreaking companies matures and faces challenges, a founder has a unique ability to make bold moves and stick to the original vision when others urge a less risky course. There are certainly cases where companies struggled when founders were replaced by managers. Remember Yahoo? And of course [&hellip;]<\/p>\n","protected":false},"author":310,"featured_media":9826,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[703],"tags":[2725,2797,1417,1541,1539,1540],"class_list":["post-12703","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-entrepreneurs","tag-founders","tag-plaintext","tag-silicon-valley","tag-startups","tag-y-combinator"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Want to Get Into Founder Mode? 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There are certainly cases where companies struggled when founders were replaced by managers. Remember Yahoo? And of course&hellip;","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/topat10.com\/index.php?rest_route=\/wp\/v2\/posts\/12703","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/topat10.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/topat10.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/topat10.com\/index.php?rest_route=\/wp\/v2\/users\/310"}],"replies":[{"embeddable":true,"href":"https:\/\/topat10.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12703"}],"version-history":[{"count":0,"href":"https:\/\/topat10.com\/index.php?rest_route=\/wp\/v2\/posts\/12703\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/topat10.com\/index.php?rest_route=\/wp\/v2\/media\/9826"}],"wp:attachment":[{"href":"https:\/\/topat10.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12703"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/topat10.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12703"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/topat10.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12703"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}