I’ve written about this issue a number of times on AVC. There are some advantages to having a non-founder run the business, but over the long run it seems that founder led businesses are the best businesses.
This rant about Apple by Bob Lefsetz is a fun read and regular readers will know that I am mostly in Bob’s camp on this issue.
The ending is great.
There’s a fiction that corporations rule in America.
The truth is it’s all about individuals. Sure, a group can effectuate the vision, but it always comes from one person, maybe a team of two, certainly not a committee.
Jeff Bezos is Amazon.
Mark Zuckerberg is Facebook.
Larry and Sergey are Google.
Daniel Ek is Spotify
Evan Spiegel is Snapchat.
Who is Apple?