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Founder-led companies adapt faster than manager-run institutions

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Marc Andreessen on why the founder model keeps winning: "You're much more likely to build something important in the 21st century if you start with a founder and train them on management, than you are to start with the manager and try to train them on being a founder." "All the old incumbent institutions in the last hundred years that are run by managers... they're all collapsing in trust and credibility because they can't adapt." "When Mark [Zuckerberg] started Facebook, he had never had a job before. Not only had he not managed people, he had not worked for anybody." "His learning curve was vertical." "He spends an enormous amount of time learning how to become better at running these things at large scale. He's still the founder and he's still the innovator and he's still like a fountain of ideas on what to do." "He's the classic example of the double threat." "And then what happens is other founders look at that and they're like, 'oh, I could do that.'" @pmarca with @davidsenra

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