this post was submitted on 08 Jun 2024
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I worked in a bunch of tech.
Startup CEOs are often folks who rolled really high on Charisma and convinced a lot of people to give them money. Often they have a spark of genius, but if they were really smart, they'd hand over power to people smarter than them. That's how major companies are founded. Then they settle back down.
The dumb ones are egotistical and many end up failing upwards, as they continue being propped up by other until money disappears and they break enough friendships that they end up in jail.