|
|
|
|
|
by 0xDEAFBEAD
542 days ago
|
|
>only to later become infiltrated by the same business types they had once trounced. Did you see PG's Founder Mode essay by any chance? >The theme of Brian's talk was that the conventional wisdom about how to run larger companies is mistaken. As Airbnb grew, well-meaning people advised him that he had to run the company in a certain way for it to scale. Their advice could be optimistically summarized as "hire good people and give them room to do their jobs." He followed this advice and the results were disastrous. So he had to figure out a better way on his own, which he did partly by studying how Steve Jobs ran Apple. So far it seems to be working. Airbnb's free cash flow margin is now among the best in Silicon Valley. https://paulgraham.com/foundermode.html |
|